Which of the Following Strategies Is Appropriate When the Need

question 62

Multiple Choice

Which of the following strategies is appropriate when the need for national responsiveness is low and the need for global integration is high?

• A) International strategy
• B) Multi-domestic strategy
• C) Global strategy
• D) Transnational strategy

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Definitions:

Financial Crisis

A broad term for a variety of situations in which some financial assets suddenly lose a large part of their nominal value, often leading to a collapse of markets and economies.

Economic Model

A simplified representation of reality used to analyze and predict economic behaviors and outcomes.

Opportunity Costs

Refers to the benefits or gains a person or organization misses out on when choosing one alternative over another.

Consumer Goods

Products bought and used by consumers rather than by manufacturers for producing other goods.