Which of the Following Is a Benefit of a Multinational

question 58

Multiple Choice

Which of the following is a benefit of a multinational enterprise (MNE) pursuing a global-standardization strategy?

• A) The firm customizes products and services to better suit local requirements.
• B) The firm reaps significant economies of scale and location economies.
• C) The firm follows a differentiation strategy at the business level.
• D) The firm has all its key business functions located in the home country.

---

Definitions:

Just-world Phenomenon

The cognitive bias that assumes good things happen to good people and bad things happen to bad people.

Groupthink

A psychological phenomenon that occurs within a group of people, where the desire for harmony and conformity results in irrational or dysfunctional decision-making outcomes.

Norm

A standard or pattern that is typical or expected within a specific group, context, or society.

Japan

A country in East Asia, known for its rich culture, technological advancements, and as an archipelago of thousands of islands.