The Main Benefit of a Global Strategy Is That It

question 46

Multiple Choice

The main benefit of a global strategy is that it allows a company to ________.

• A)closely monitor buyer preferences in each local market
• B)save costs due to product and marketing standardization
• C)customize its products and services
• D)respond effectively to emerging buyer preferences

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Definitions:

Entry-level Positions

Jobs designed for individuals with little to no professional experience, typically requiring minimal qualifications.

Goodwill

An intangible asset representing the value of a company's brand, customer base, and reputation.

Beginner's Mistakes

Common errors made by novices in a particular field, often due to lack of experience, which can serve as valuable learning opportunities.

Tangible Assets

Physical and material assets that have monetary value and can be seen, touched, and quantified, such as machinery, buildings, and inventory.