Which of the Following Is True of a Company Undertaking

question 42

Multiple Choice

Which of the following is true of a company undertaking a global approach?

• A) A global approach should not be delayed as success is dependent on a quick and rushed strategic process.
• B) A multidomestic strategy, as a competitive strategy, is inherently more vulnerable to risk than a domestic strategy or a global strategy.
• C) Market factors and economic conditions are internal factors that influence the potential gains to be realized by following a global strategy.
• D) Successful global brands carefully stake out their markets, allowing plenty of time to develop their overseas marketing efforts.

Recognize the significance of the reasonable person standard and its application based on individual characteristics and situations.

Identify the circumstances under which strict liability applies, and the defenses against it.

Comprehend the concept of negligence per se and how statutory violations influence negligence determinations.

Understand the implications of a defendant's actions on liability, including the creation of peril and reacting to emergencies.

---

Definitions:

Strategy

How you will go about accomplishing set objectives and the heart of the social media strategic plan.

Listening

The active process of paying attention and understanding information from sources, which in business contexts often refers to monitoring mentions and feedback across various channels.

Objectives

Specific, measurable goals that are set to achieve a desired outcome or target.

Strategy

A plan of action designed to achieve a long-term or overall aim.