Which Would Be the Appropriate Strategy for Companies to Use

question 42

Multiple Choice

Which would be the appropriate strategy for companies to use to compete in the global marketplace if both the pressures to lower costs and adapt locally are low?

• A) international strategy
• B) global strategy
• C) multidomestic strategy
• D) transnational strategy

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Definitions:

Predictors

Variables or factors that can be used to forecast future events or outcomes based on past or current data.

Cultural Influence

The impact that the beliefs, values, and practices of a culture have on the behavior and attitudes of individuals within that culture.

Raven's Progressive Matrices

A non-verbal group test typically used to measure abstract reasoning and regarded as a non-verbal estimate of fluid intelligence.

Establishing Rules

The process of creating guidelines or principles that govern behavior within a specific context or organization.