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:

Produced Units

refer to the total number of units of product that have been completed within a given period.

Cost Formula

A mathematical equation used to predict the total cost of production or operations, incorporating both fixed and variable costs.

Total Cost

Encompasses all expenses associated with producing or acquiring goods and services, including direct, indirect, fixed, and variable costs.

Activity Level

The volume of production or the degree of services provided, which impacts the variable costs and sometimes the efficiency in a business.