For Strategic and Operational Plans to Be Effective for Global

question 23

True/False

For strategic and operational plans to be effective for global firms,the planning process should take into account only the local and regional perspectives of the markets served.

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Definitions:

Customers' Feedback

Customers' feedback comprises opinions, experiences, and suggestions shared by clients, which can provide valuable insights for improving products or services.

Honest Response

A truthful and sincere answer or feedback given without deception or evasion.

Service Economy

An economic system or sector focused on the production of services rather than goods.

Difficult Customer

A customer who presents challenges beyond the norm through their demands, behavior, or expectations, requiring careful handling.