The Marker of a True Transnational Strategy Is

question 111

Multiple Choice

The marker of a true transnational strategy is

• A)a big majority of the company's rivals are pursuing localized multidomestic strategies.
• B)striking the right balance between thinking globally and acting locally, even though it is more costly and complex to implement.
• C)host governments enact regulations requiring that products sold locally meet strict manufacturing specifications or performance standards.
• D)plants need to be scattered across many countries to avoid high shipping costs.
• E)market growth rates vary considerably from country to country.

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Definitions:

Discharged

Released or relieved from a duty, obligation, or liability, often used in legal or financial contexts.

Punitive Damages

Compensation awarded to a plaintiff beyond actual damages to punish the defendant for egregious conduct and deter future similar acts.

Substantial Performance

A principle in contract law that allows a contracting party to be considered as having fulfilled its obligations, so long as the crucial elements of the contract have been completed, even if minor details are unfinished.

Nominal Performance

A minimal or token action that barely meets the terms of a contract, often used to avoid breaching the agreement.