Shondura Inc

question 62

Multiple Choice

Shondura Inc. focuses on both local responsiveness and standardization in global business. The company typically begins with a strong emphasis in a single strategy and then works to minimize the downsides associated with that strategy as much as possible as they begin to implement the second strategy. Which of the following is best exemplified in this case?

• A)A multidomestic strategy
• B)A global strategy
• C)An arbitrage strategy
• D)A transnational strategy

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Definitions:

Individualist Cultures

Societies that emphasize the needs and goals of the individual over the collective group.

Collectivist Cultures

Societies or cultures that prioritize the group over the individual, emphasizing community, cooperation, and shared values.

Economic Activity

Actions that involve the production, distribution, and consumption of goods and services within an economy.

Self-Esteem

An individual's subjective evaluation of their own worth, characterized by attitudes of approval or disapproval about oneself.