The Appropriateness of the Strategy That a Firm Uses in an International

question 3

Multiple Choice

The appropriateness of the strategy that a firm uses in an international market varies with the extent of pressures for _____________ and ________________.

• A) cost reductions; availability of financing
• B) price concessions; quality improvements
• C) availability of financing; product standardization
• D) cost reductions; local responsiveness
• E) market size; market characteristics

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Definitions:

Affection

pertains to feelings of fondness or tenderness directed towards someone or something, influencing interpersonal relationships and behaviors.

Loyalty

A strong feeling of support or allegiance towards someone or something.

Leader's Reputation

The collective perception or opinion about a leader's capabilities, character, and effectiveness, held by members of an organization or society.

Pay Increase

An enhancement in the amount of money given to an employee as compensation for their job.