Which of the Following Is True of the Global Approach

question 24

Multiple Choice

Which of the following is true of the global approach to managing businesses?

• A) Companies have the option of remaining domestic or going global due to the integration of markets.
• B) In determining whether or not to globalize a particular business, managers should look first at their industry.
• C) A multidomestic strategy, as a competitive strategy, is inherently more vulnerable to risk than a domestic strategy or a global strategy.
• D) Structure, management processes, and culture are some of the external factors that facilitate a company's efforts to undertake a global approach to marketing strategies.

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Definitions:

Attracted

The action or power of evoking interest in or liking for someone or something.

Introduced

The act of presenting or bringing something into use, consideration, or play for the first time.

Recognition

The cognitive process of identifying previously encountered objects, ideas, or situations.

Multiple-Choice

A type of question or survey response option where the respondent is asked to select one or more items from a list of choices.