Firms That Pursue Which of the Following Strategies Take Products

question 40

Multiple Choice

Firms that pursue which of the following strategies take products first produced for their domestic market and sell them across various markets with only minimal local customization?

• A)Nationalization
• B)Transnational
• C)Global standardization
• D)International
• E)Localization

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Definitions:

First Amendment

An amendment to the U.S. Constitution that guarantees freedoms concerning religion, expression, assembly, and the right to petition.

Establishment Clause

The provision in the First Amendment to the U.S. Constitution that prohibits Congress from creating any law “respecting an establishment of religion.”

Free Exercise Clause

A section within the First Amendment of the U.S. Constitution that prohibits the government from interfering with individuals' practice of their religion.

Protestant Churches

Christian churches that originated from the Reformation, characterized by the rejection of papal authority and emphasising the importance of faith and scripture.