Which of the Following Actions Distinguishes Firms Pursuing a Transnational

question 49

Multiple Choice

Which of the following actions distinguishes firms pursuing a transnational business strategy from firms using other business strategies?

• A) responding to local challenges and opportunities quickly
• B) exerting strong control over its subsidiaries
• C) striking a balance between centralization and decentralization
• D) responding to global challenges and opportunities quickly
• E) standardizing product offerings to achieve economies of scale

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Definitions:

Specific Performance

A legal remedy requiring a party to perform their part of the contract rather than provide monetary compensation for failing to meet their obligations.

Resell

The act of selling something that one has previously purchased, either as a business practice or to transfer ownership.

In Transit

The status of goods or people being transported from one place to another; during the journey.

Carrier

A company or individual responsible for the transportation of goods or people.