All Global New Ventures Share Two Common Factors

question 26

Multiple Choice

All global new ventures share two common factors. One factor is the bringing of a good or service to several different foreign markets at the same time. What is the other factor?

• A)the development of culturally specific implementation policies  
• B)the company founders successfully developing and communicating the company's global vision from inception  
• C)a mechanistic organizational culture  
• D)the ability to respond quickly and efficiently to any changes in the external environment

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Definitions:

Aggregate Output

Aggregate Output is the total value of all goods and services produced in an economy over a given period of time.

Active Policy

A government policy aimed at reducing unemployment and stimulating economic growth through proactive measures like tax cuts or increased government spending.

Monetary Policy Lags

The delay between the implementation of monetary policy decisions and their effects on the economy, often complicating central bank efforts to control inflation and stimulate economic growth.

Fiscal Policy

Government policies related to taxation and spending that are intended to influence economic conditions.