Which of the Following Is a Difference Between Global Consistency

question 96

Multiple Choice

Which of the following is a difference between global consistency and local adaptation?

• A) Unlike global consistency, local adaptation is typically preferred by overseas managers who are charged with making the local business successful in other countries.
• B) Unlike global consistency, a company following a policy of local adaptation follows the same rules and regulations across all its offices in different countries.
• C) Unlike global consistency, a company following a policy of local adaptation modifies its standard operating procedures to adapt to differences in foreign customers, governments, and regulatory agencies.
• D) Unlike global consistency, local adaptation simplifies decisions.

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Definitions:

National Income

The total value of all goods and services produced by a country over a specific period, usually measured as Gross National Product (GNP) or Net National Product (NNP).

Capitalists

Individuals or entities that own capital goods, invest in production, and seek to generate profits within an economy.

Labor

The application of physical and cognitive labor in the manufacture of goods and provision of services.

Entrepreneur

An individual who initiates, organizes, and operates a business venture while assuming the associated risks.