A Firm That Is Pursuing A(n) _____ Strategy Is Simultaneously

question 67

Multiple Choice

A firm that is pursuing a(n) _____ strategy is simultaneously trying to achieve low costs through location economies, economies of scale, and learning effects, and trying to differentiate its product offering across geographic markets.

• A) global customization
• B) international
• C) localization
• D) transnational

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Definitions:

Moral Principles

are basic guidelines or rules that govern ethical behavior and decision-making, reflecting beliefs about what is right and wrong.

Duty

An obligation or responsibility to act in a certain way, often imposed by morals, law, or custom.

Virtue

Moral excellence and righteousness; an admirable quality or trait that is esteemed and desirable.

Programmed Decisions

Automatic responses to routine and recurring situations.