International Firms Try to Create Value By

question 87

Multiple Choice

International firms try to create value by:

• A) transferring products and competencies overseas.
• B) following a local staffing policy.
• C) focusing on local responsiveness.
• D) emphasizing a localization strategy.
• E) adopting an ethnocentric staffing approach.

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Definitions:

Statistic

A numerical datum or piece of data derived from a study of a large quantity of numerical data, used for analyzing features of that population.

p < .05

A statistical term indicating that the probability of the observed data, or more extreme, under the null hypothesis is less than 5%, suggesting the results are statistically significant.

Probability

A measure of the likelihood of a particular event or outcome occurring, expressed on a scale from 0 (impossibility) to 1 (certainty).

Results

Outcomes or data obtained from experiments, studies, or any process designed to gather information.