A Firm That Is Facing Both Strong Cost Pressures and Strong

question 21

Multiple Choice

A firm that is facing both strong cost pressures and strong pressures for local responsiveness should follow a(n) _____ strategy.

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

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Definitions:

Generativity Versus Stagnation

Erikson’s seventh stage of psychosocial development, in which the middle-aged adult develops a concern with establishing, guiding, and influencing the next generation or else experiences stagnation (a sense of inactivity or lifelessness).

Dependent Elders

Elderly individuals who rely on others for assistance with daily activities and personal care due to physical or mental limitations.

Nursing Home

Residential facilities that provide long-term care for elderly or disabled people who cannot care for themselves independently.

Caregiver

A person who provides direct care, support, and assistance to someone else, typically to those who are unable to care for themselves due to illness, disability, or age.