The Main Benefit of a Multinational Strategy Is That It

question 103

Multiple Choice

The main benefit of a multinational strategy is that it allows companies to ________.

• A) closely monitor buyer preferences in each local market
• B) save costs due to product and marketing standardization
• C) customize its products and services
• D) respond effectively to emerging buyer preferences
• E) A and D

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Definitions:

Liability

A legal responsibility or obligation.

Good Faith

A fundamental principle in contract law that requires all parties to act honestly and fairly without taking unfair advantage of others.

Expedited Funds Availability Act

A U.S. federal law that regulates how quickly banks must make deposited funds available to depositors.

Mandatory Schedules

Required documents that must be submitted within a specified time frame in various legal, financial, or regulatory contexts.