Which of the Following Is True of a Global Corporation

question 88

Multiple Choice

Which of the following is true of a global corporation?

• A) It emphasizes cultural similarities across countries and universal consumer needs and wants rather than differences.
• B) It could have as many different product variations, brand names, and advertising campaigns as countries in which it operates.
• C) It competes on a market-by-market basis.
• D) It gives the authority to local managers to take necessary decisions.

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Definitions:

Squeaky Stair

A common household issue where one or more steps produce a squeaking noise when pressure is applied, typically due to loose components or friction.

Law of Small Numbers

A cognitive bias leading to the erroneous belief that small samples accurately represent an entire population.

Gambler's Fallacy

The mistaken belief that if something happens more frequently than normal during a given period, it will happen less frequently in the future, or vice versa.

Celebrations

Events observed to honor and commemorate a significant occasion or achievement with festivities.