Preston Electronics Is an MNE with Facilities Located in Taiwan,Singapore,and

question 91

Multiple Choice

Preston Electronics is an MNE with facilities located in Taiwan,Singapore,and Germany.Preston gives its local operations the authority to adapt value activities to prevailing local economic,political,legal,and cultural conditions.Preston is most likely using a(n) ________ strategy.

• A) global
• B) multidomestic
• C) international
• D) continental

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Definitions:

Walden

A book by Henry David Thoreau, published in 1854, that reflects on simple living in natural surroundings, based on his two-year experience near Walden Pond.

Gibbons v. Ogden

A landmark decision by the U.S. Supreme Court in 1824 that held that the power to regulate interstate commerce was granted to Congress by the Commerce Clause of the Constitution.

Steamboat Navigation

The use of steam-powered vessels to transport goods and passengers across rivers, lakes, and coastal waters, revolutionizing travel and trade in the 19th century.

U.S. Supreme Court

The highest court in the United States, with ultimate appellate jurisdiction over all federal courts and over state court cases involving issues of federal law, plus original jurisdiction over a small range of cases.