Which of the Following Is Not Associated with Firms Following

question 102

Multiple Choice

Which of the following is not associated with firms following the global standardization strategy?

• A)Low pressures for local responsiveness
• B)Use cost advantage to support aggressive pricing in world markets
• C)High pressures for cost reductions
• D)Customize product offering and marketing strategy to local conditions

---

Definitions:

Current Liabilities

Short-term financial obligations that are due within one year or within a normal operational cycle.

Accrued Expenses

Expenses that have occurred but have not yet been paid or recorded in the company's ledger.

Unearned Service Revenue

Income received by a company for services that have not yet been performed, considered a liability until the service is provided.

Service Revenue

Income earned by a company for the services it provides to its customers.