Which of the Following Statements Is True About Global Standardization

question 46

Multiple Choice

Which of the following statements is true about global standardization strategy?

• A) It emphasizes product customization to specifically meet customer needs.
• B) It involves the spreading of production, marketing, and research and development activities of companies to all the location it operates in.
• C) It makes most sense when there are strong pressures for cost reductions.
• D) It makes most sense when the pressures for local responsiveness are maximum.
• E) It fails to focus on achieving location and scale economies.

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Definitions:

Civil Marriage Act

Legislation that defines the legal recognition of marriage, typically without religious affiliation, and often includes provisions for civil unions and partnerships.

Monolithic Bias

The tendency to view a diverse group or category as being more uniform and homogenous than it actually is, often oversimplifying complex social or cultural identities.

Divorce Rates

The statistical measure of how many marriages end in divorce within a given population and time period, often expressed per 1,000 marriages.

Divorce Act

Legislation that regulates the legal process of divorce, defining the conditions, rights, and responsibilities involved in dissolving a marriage.