A Firm That Operates with Matrix-Type Structures in Which Both

question 36

Multiple Choice

A firm that operates with matrix-type structures in which both product divisions and geographic areas have significant influence would use which of the following strategies?

• A) international strategy
• B) transnational strategy
• C) global strategy
• D) localization strategy

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Definitions:

Weekend Booking

Refers to the reservation made for services or accommodations on weekends, often seen in the travel and hospitality industry.

Economists

Professionals who study the production, distribution, and consumption of goods and services, focusing on how economies work and how economic agents interact.

Markup

The difference between the cost of a good or service and its selling price, expressed as a percentage over the cost.

Rotary Tools

High-speed, handheld power tools that rotate a bit or accessory for performing various tasks such as cutting, carving, sanding, and polishing.