Companies That Adopt the Global Model Tend to Base Their

question 56

Multiple Choice

Companies that adopt the global model tend to base their global competitive strategy on

• A)local tastes.
• B)decentralized structures.
• C)local politics.
• D)traditional practices.
• E)cost considerations.

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Definitions:

Unilateral Contract

A contract in which one party makes a promise in exchange for an act performed by another party, with only the party making the promise being legally bound.

Sheriff's Office

A local law enforcement agency led by a sheriff, responsible for keeping peace, enforcing laws, and executing court orders.

Option Contract

A contract which grants the holder the right, but not the obligation, to buy or sell an asset at a specified price on or before a specified date.

Unilateral Contract

is a type of contract where only one party makes a promise or undertakes a performance obligation in exchange for an act by the other party, creating a binding agreement once the act is performed.