A Global Strategy Is One in Which a Company Performs

question 103

Multiple Choice

A global strategy is one in which a company performs all of the following tasks, EXCEPT

• A) employs the same basic competitive approach in all countries where it operates.
• B) sells much of the same products everywhere.
• C) strives to build global brands.
• D) coordinates its actions worldwide with strong headquarters control represents a think-global, act-global approach.
• E) uses local brand names to cater to a country's specific needs.

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Definitions:

Role-play

A training or learning technique in which individuals simulate actions and scenarios to practice responses, improve skills, or understand different perspectives.

Reinforcement

In organizational behavior, a strategy to encourage specific behaviors through rewards or consequences.

Learning Points

Specific pieces of knowledge or understanding gained through education or experience, often used as building blocks in the learning process.

Training Budgets

Allocated financial resources dedicated to the development and enhancement of employees' skills, knowledge, and abilities through various forms of training.