________ Occurs When a Firm Decides to Utilize Other Firms

question 64

Multiple Choice

________ occurs when a firm decides to utilize other firms to perform value-creating activities that were previously performed in-house.

• A) Offshoring
• B) A global strategy
• C) Outsourcing
• D) A transnational strategy

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Definitions:

Cultural Norms

Shared expectations and rules that guide behavior and beliefs within a specific culture or society.

Authentic

Genuine or true; not copied or false.

Public Diplomacy

The practice by which governments and private entities communicate and engage with foreign publics to influence their perception and behavior in favor of the communicator’s goals.

Political Objectives

are goals set by an organization or individuals that are aimed at influencing political environments or achieving specific political outcomes.