Firms Operating Globally Often Need to Give Some Latitude to Their

question 13

Multiple Choice

Firms operating globally often need to give some latitude to their local managers to tailor their strategies and practices to meet the needs of their locations.This highlights the ________ aspect of global sourcing.

• A)integration
• B)differentiation
• C)standardization
• D)specialization

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Definitions:

Unique Merchandise

Products that are distinctive in design, function, or appeal, setting them apart from common or standard items.

Loyal Customer Base

A group of repeat customers who consistently prefer a particular brand or product over competitors.

Locations

Refers to the geographical places where businesses are situated or where activities take place, influencing accessibility, visibility, and operation efficiency.

Craft Store

is a retail outlet specializing in selling materials and supplies for arts and crafts projects.