Which of the Following Statements Is True About Global Standardization

question 46

Multiple Choice

Which of the following statements is true about global standardization strategy?

• A) It emphasizes product customization to specifically meet customer needs.
• B) It involves the spreading of production, marketing, and research and development activities of companies to all the location it operates in.
• C) It makes most sense when there are strong pressures for cost reductions.
• D) It makes most sense when the pressures for local responsiveness are maximum.
• E) It fails to focus on achieving location and scale economies.

Comprehend the structure and components of URLs and the internet architecture.

Gain familiarity with web and app technologies for accessing and sharing content.

Appreciate the importance of choosing appropriate keywords for efficient search engine results.

Understand the relationship between the web and the Internet, and the role of content aggregators.

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Definitions:

Stock Issuance

The process by which a company issues new shares of stock to raise capital for business operations or expansions.

Adjusted Book Value

The book value of a company after adjustments have been made for assets and liabilities that may be overvalued or undervalued.

Investment Account

A financial account held by an investor with a brokerage or financial institution, primarily used for holding stocks, bonds, mutual funds, and other securities.

Previously Unissued Shares

Shares that are authorized by a corporation's charter but have not been issued or sold to investors.