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.

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Definitions:

Self-Serving Bias

The common tendency to attribute one's successes to personal characteristics and failures to external factors.

Generational Identity

The collective personality, attitudes, and habits attributed to members of a specific generation, often shaped by significant social and cultural events during their formative years.

Act Of Revenge

An action undertaken to retaliate or punish someone for wrongdoing, often driven by a sense of injustice or anger.

Social Psychology

The scientific study of how individuals' thoughts, feelings, and behaviors are influenced by the actual, imagined, or implied presence of others.