When Developing and Assessing Strategic Alternatives,companies Competing in International Markets

question 13

Multiple Choice

When developing and assessing strategic alternatives,companies competing in international markets confront which two opposing goals?

• A) Reduce investment and increase profits.
• B) Reduce complexity and improve effectiveness.
• C) Standardize policies and reduce complexity.
• D) Reduce costs and adapt to local markets.
• E) Be innovative and efficient.

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Definitions:

Trademark Mark

A symbol, word, or phrase legally registered or established by use as representing a company or product.

Employment At-will

A legal doctrine that means an employer can terminate an employee at any time for any reason, except an illegal one, and without warning.

Employment Contract

A legal document outlining the terms of employment, including duties, benefits, and duration, between an employer and employee.

Collective Bargaining Agreement

A collective bargaining agreement is a legally binding contract resulting from negotiations between a group of employees, often represented by a union, and their employer, covering the terms and conditions of employment.