When the Pressure for Local Responsiveness Is Strong and the Pressure

question 5

Multiple Choice

When the pressure for local responsiveness is strong and the pressure for coordination is weak for multi-national corporations in an industry,the industry will tend to become

• A) global.
• B) consolidated.
• C) multi-domestic.
• D) risky.
• E) indigenous.

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Definitions:

Rent Control

Government policies or laws that limit the amount landlords can charge for leasing residential properties in order to keep housing affordable.

High Demand

A market condition where the desire and need for a product or service significantly exceed the available supply.

Bundle

A set of goods or services sold together as a single combined unit.

Vertical Contracts

agreements between companies at different levels of the supply chain, such as between a manufacturer and a retailer.