Which of the Following Statements Is True About an International

question 16

Multiple Choice

Which of the following statements is true about an international strategy?

• A)International strategy typically involves taking products first produced for foreign markets and then customizing them for domestic markets.
• B)International strategy should be pursued by a firm if it manufactures a product that satisfies local,rather than universal,needs.
• C)When a firm pursues an international strategy,the head office of the firm retains fairly tight control over marketing and product strategy.
• D)Firms pursuing the international strategy tend to outsource their development functions such as R&D.
• E)International strategy should be pursued by a firm only if it faces strong competition in foreign markets.

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Definitions:

Federal Matching Funds

Public funds provided to match private donations to political candidates under certain conditions, aiming to reduce the influence of private money in elections.

Proportional Representation

An electoral system in which parties gain seats in proportion to the number of votes cast for them, offering a more direct reflection of public opinion in legislative bodies than winner-take-all systems.

Winner-Take-All

An election system in which the candidate with the most votes wins the entire election, with no rewards or positions given to those who finish in second place or lower.

Political Parties

Organized groups of people with similar political ideologies and goals, working together to influence public policy and governance through elections.