Which of the Following Statements Is True About Multidomestic Corporations

question 54

Multiple Choice

Which of the following statements is true about multidomestic corporations?

• A) Multidomestic corporations view the world as one market.
• B) Local managers of multidomestic corporations are given the authority to make the necessary decisions and are held accountable for results.
• C) Multidomestic corporations use worldwide product divisions, each responsible for selling its own products throughout the world.
• D) Multidomestic corporations standardize marketing activities when there are cultural similarities and adapt them when the cultures are different.

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Definitions:

Standard Deviation

A measure of the dispersion or variability of a set of numeric values, showing how much variation there is from the mean.

Largest

Describing the greatest in size, extent, or capacity.

Set 1

The initial group or collection in a series, which can be distinguished by specific characteristics or parameters.

Histogram

A histogram is a graphical representation of the distribution of numerical data, using bars of different heights to show the frequency of data in consecutive, non-overlapping intervals.