Which Global Strategy Model Realizes the Advantage of Local Responsiveness

question 41

Multiple Choice

Which global strategy model realizes the advantage of local responsiveness but the disadvantage of high manufacturing costs and duplication of effort?

• A) Transnational.
• B) Global.
• C) Worldwide.
• D) International.
• E) Multinational.

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Definitions:

Crowding-Out Effect

A situation where increased government spending leads to a reduction in private sector spending, often due to higher borrowing costs.

Aggregate Demand

Aggregate demand represents the total demand for goods and services in an economy at a given time and price level.

Taxes

Compulsory financial charges or levies imposed by a government on individuals or entities to fund public expenditures.

Government Spending

The total amount of public expenditures by the government, including spending on healthcare, education, infrastructure, and defense.