The Global MNC Faces the Dual Challenge of Achieving Scale

question 42

Multiple Choice

The global MNC faces the dual challenge of achieving scale economies through standardization while at the same time responding to

• A) increased competition.
• B) local customer differences.
• C) higher prices.
• D) global economics.
• E) increased shipping expenses.

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Definitions:

Median

A statistical measure that represents the middle value in a dataset, where half the numbers are above and half are below.

Central Tendency

A statistical measure that identifies a single value as representative of an entire distribution. It aims to provide an accurate description of the entire dataset.

Mean

In statistics, the average of a set of numbers, calculated by adding them all up and dividing by the count of those numbers.

Variation

Variation refers to the differences in characteristics or traits among individuals within a population, arising from genetic diversity or environmental factors.