The Appropriateness of the Strategy That a Firm Chooses to Use

question 122

Multiple Choice

The appropriateness of the strategy that a firm chooses to use in an international market varies with the extent of pressures for _____ and ______.

• A)exit from investment;product uniformity
• B)price concessions;quality improvements
• C)availability of financing;product standardization
• D)cost reductions;local responsiveness

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Definitions:

Visual Aids

Materials used to enhance the comprehension or appeal of information being presented, such as charts, graphs, or images.

Documentation

Written or electronic records that provide evidence of activities performed, processes followed, or information obtained, often used for reference, legal compliance, or training purposes.

Legend

A key or explanatory list of symbols and abbreviations used on a map or chart, or a narrative explaining the origins of traditional stories, myths, or history.

Visual Aid

An item, such as a chart, graph, or image, used to supplement verbal information or data, enhancing understanding.