To Keep Track of the Latest Developments in Computing,Lenovo's Research

question 80

Multiple Choice

To keep track of the latest developments in computing,Lenovo's research centers are located in China,U.S.A.,and Japan.Also,to benefit from low-cost labor and reduced shipping costs,the company's manufacturing facilities are in Mexico,India,and China.Which of the following strategies would require Lenovo to organize its operations worldwide in order to develop uniform products for its domestic and foreign markets?

• A) a transnational strategy
• B) a multidomestic strategy
• C) a localization strategy
• D) a global-standardization strategy

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Definitions:

Fixed Assets

Assets that are purchased for long-term use and are not likely to be converted quickly into cash, such as buildings, land, and machinery.

Pro Forma Financial Statements

Financial statements that project the financial position of a company, based on certain assumptions and typically used for future planning.

Sales Forecast

A sales forecast is the process of estimating future sales. Accurate sales forecasts enable companies to make informed business decisions and predict short-term and long-term performance.

Financial Forecasting

The process of estimating or predicting how a business will perform in the future through its financial statements.