When the Need for National Responsiveness Is High and the Need

question 41

Multiple Choice

When the need for national responsiveness is high and the need for global integration is also high, this strategy is appropriate.

• A)Transnational
• B)Globalization
• C)International
• D)Multi-domestic

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Definitions:

Debentures

Long-term securities issued by a company that are not secured by physical assets or collateral but by the general credit of the issuer.

Specific Assets

Assets identified and designated for a particular purpose or project, often tied to securing a specific obligation.

Appreciation

A term used in finance and economics to describe the increase in value of an asset over time.

GPS

Global Positioning System, a satellite-based navigation system that provides location and time information in all weather conditions.