Companies Pursue a Localization Strategy When They Want to Maximize

question 13

True/False

Companies pursue a localization strategy when they want to maximize responsiveness to the unique needs of customers in each country.

---

Definitions:

APR

Annual Percentage Rate, which is the interest rate for a whole year (annualized), rather than just a monthly fee/rate, as applied on a loan, credit card, etc.

Rate Of Return

The appreciation or depreciation of an investment over a set period, quantified as a percentage of the investment's starting value.

Cash Flows

The net amount of cash being transferred into and out of a business, reflecting operational, investing, and financial activities.

Undertake

To commit oneself to and begin (an enterprise or responsibility); to take on.