Global Expansion Allows Firms to Achieve All of the Following,except

question 31

Multiple Choice

Global expansion allows firms to achieve all of the following,except:

• A)standardize their product offering,marketing strategy,and business strategy for all national conditions.
• B)realize location economies by dispersing value creation activities to the optimal location.
• C)realize cost economies from experience effects generated by serving a larger market from a central location.
• D)expand the market for their domestic product offerings by selling those products in international markets.

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Definitions:

Progressed

Advanced or moved forward in development or improvement.

Nations

Vast collectives of individuals linked through shared ancestry, historical background, cultural practices, or linguistic similarities, residing in a specific nation or region.

Real GDP

The calculation of a nation's economic production, corrected for changes in prices due to inflation or deflation, to accurately represent the actual worth of the produced goods and services.

Economic Prosperity

A state of economic health in a country, characterized by a strong economy, low unemployment, and high levels of consumer spending.