A Global Strategy Allows for

question 52

Multiple Choice

A global strategy allows for

• A)the leading companies to compete for the biggest share of the world market, but only occasionally compete head-to-head in different countries.
• B)the markets in various countries to be part of the world market and competitive conditions across country markets to be strongly linked.
• C)a company's overall market strength to be the sum of its market shares in each country market where it has a presence.
• D)the industry leaders to be foreign companies, while domestic companies are relegated to runner-up status.
• E)a firm's overall competitive advantage to be determined by the size of the competitive advantage it has in each of its profit sanctuaries.

---

Definitions:

Hospital Care

The services provided by hospitals to treat patients with preventive, curative, rehabilitative, or palliative care.

Elderly Person

An individual who is significantly beyond the usual age for work or social roles, typically considered to be 65 years or older.

Middle-Aged

The period of adulthood approximately between the ages of 45 and 65, often considered a time of life characterized by stability, growth, and reflection.

Care

The provision of what is necessary for the health, welfare, maintenance, and protection of someone or something.