Globalization 1

question 68

Multiple Choice

Globalization 1.0 in Strategy Highlight 10.1 is similar to which one of the following strategies?

• A) International strategy
• B) Global standardization strategy
• C) Transnational strategy
• D) Localization strategy

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Definitions:

Political Adversary

An individual or group that holds opposing political views or interests, often competing for power or influence.

Liberals

Individuals or groups advocating for progressive reforms, freedom, and equality in social, political, and economic spheres.

Minority Business Enterprise

A business that is owned and operated by individuals from minority groups, often supported by certain government programs to promote diversity and economic equality in the business sector.

Entrepreneurial Activities

Initiatives aimed at launching, developing, and managing a new business venture in the face of risk with the goal of profit-making.