A Think-Global, Act-Global Strategic Theme Puts Emphasis on

question 19

Multiple Choice

A think-global, act-global strategic theme puts emphasis on

• A)executing a global domination strategy that focuses the company's resource strengths on entry strategies across all country boundaries.
• B)ensuring that value chain activities are defined by country-specific attributes to capitalize on economies of scale.
• C)building a global brand name and aggressively pursuing opportunities to transfer ideas, products, and capabilities from one country to another.
• D)elevating resources and capabilities developed on a country-by-country basis so as to capitalize on a country's uniqueness.
• E)implementing mass-customization techniques that can address local preferences efficiently.

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Definitions:

Noncurrent Assets

Long-term assets not expected to be converted into cash within one year, such as property, plant, and equipment.

Stockholders' Equity

The residual interest in the assets of a corporation after deducting its liabilities, representing the owners' claim on the company's assets.

Inventory Turnover

A financial ratio indicating how many times a company has sold and replaced inventory over a specific period.

Cost of Goods Sold

This refers to the total cost of all the ingredients or materials used to create a product, including labor and manufacturing overhead, subtracted from revenue to calculate gross profit.