Which of the Following Strategies Can Companies Use as They

question 81

Multiple Choice

Which of the following strategies can companies use as they begin to market their products and establish production facilities overseas?

• A)Localization
• B)International
• C)Global
• D)Transnational
• E)All of these choices

---

Definitions:

Taylorism

A theory of management that analyzes and synthesizes workflows, aiming to improve economic efficiency, especially labor productivity, also known as scientific management.

Cross-Training

The practice of training employees to perform multiple roles or to undertake tasks outside their traditional responsibilities.

Workforce Flexibility

The ability of a workforce to adapt to changes, including adjusting to new work conditions, job requirements, or schedules.

Fordism

An economic model based on mass production and consumption, characterized by standardized products, high wages, and assembly line manufacturing.