A Lack of Local Responsiveness,an Inability to Realize Location Economies,and

question 15

Multiple Choice

A lack of local responsiveness,an inability to realize location economies,and a failure to exploit experience curve effects are disadvantages of a(n) _______ strategy.

• A) international
• B) global
• C) transnational
• D) multidomestic
• E) multinational

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Definitions:

Interest Revenue

Income earned from lending money or depositing funds in interest-bearing accounts.

Present Value Factors

Numerical factors used to calculate the present value of a future amount by considering the time value of money and interest rates.

Operating Lease

A contract that allows for the use of an asset but does not convey rights similar to ownership, typically shorter term and cancellable.