International Management Must Consider Three General Areas in Strategy Implementation

question 3

Multiple Choice

International management must consider three general areas in strategy implementation.First,the multinational corporation must:

• A) implement functional strategies in areas such as marketing.
• B) develop alliances with the most attractive local partner.
• C) carry out entry and ownership strategies.
• D) decide where to locate operations.

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Definitions:

Customer

An individual or entity that purchases goods or services from a business.

Supply Chain

An arrangement involving various companies, personnel, operations, knowledge, and materials dedicated to transporting a product or service from its origin to the consumer.

Shipper

This is an individual or company that sends or transports goods from one place to another, often involved in logistics and supply chain operations.

Receiver

A person or entity legally appointed to manage the financial affairs of a company or individual in cases such as bankruptcy.