An Industry Can Be Ranked Along a Continuum That Ranges

question 30

Multiple Choice

An industry can be ranked along a continuum that ranges between _____ at one extreme and ____ at the other.

• A) regiocentric, polycentric
• B) international, global
• C) ethnocentric, regiocentric
• D) multidomestic, global

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Definitions:

Rate

A measure, quantity, or frequency, typically one measured against another quantity or measure.

Marked Up

Refers to the percentage increase in the price of a good or service over its original cost to achieve a profit.

Marked Down

Refers to a reduction in the selling price of goods or services, typically to clear inventory or to boost sales.

Sale Price

The final amount at which an item is sold after any discounts or promotions.