Firms That Pursue a Localization Strategy Try to Create Value

question 74

Multiple Choice

Firms that pursue a localization strategy try to create value by:

• A) emphasizing local responsiveness.
• B) encouraging a global staffing approach.
• C) emphasizing transnational strategies.
• D) building an informal management network.
• E) transferring products and competencies overseas.

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Definitions:

Accounts Payable

Money owed by a business to its suppliers.

Cash Inflow

The movement of money into a business or project, contributing to its financial resources.

Payment to Suppliers

Financial transactions that involve settling debts with vendors who provide goods or services to a business.

Dividends

Payments made by a corporation to its shareholder members, usually derived from the company's profits.