Which of the Following Strategies Is Appropriate for Companies in Industries

question 24

Multiple Choice

Which of the following strategies is appropriate for companies in industries where buyer preferences do not converge across national borders?

• A) retrenchment strategy
• B) global strategy
• C) multidomestic strategy
• D) mass customization strategy

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Definitions:

Conflict Theory

focuses on the social and material inequalities of different groups in a society, suggesting that these conflicting interests are the engine of social change.

Actualize Will

The process of making one's desires, intentions, or ambitions a reality through action and determination.

Monopolize Conversation

Dominating a discussion to the extent that others have little to no opportunity to contribute.

Cooperative Interactions

the process by which individuals or groups work together towards a common goal, often leading to mutual benefits.