A ________ Strategy Can Create Cost Savings Due to Product

question 88

Multiple Choice

A ________ strategy can create cost savings due to product and marketing standardization.

• A) retrenchment
• B) multidomestic
• C) blue ocean
• D) global

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Definitions:

Stock

An ownership share in a company that represents a claim on part of the corporation's assets and earnings.

Contract Rate

The agreed-upon interest rate specified in a contractual agreement, such as a loan or bond.

Bond

An interest-bearing note payable usually in $1,000 denominations issued by a corporation to a large group of lenders.