Which of the Following Statements Do You Think Could Possibly

question 6

Multiple Choice

Which of the following statements do you think could possibly be true?

• A) Last year, 60 of the 80 residents in a neighborhood subscribed to the local newspaper, and this year, it is 40 residents who subscribe. This is a 50 percent decrease.
• B) A company's annual profits increased by 110 percent over the last decade.
• C) A teacher brought 40 calculators to class, and 21 percent of them had dead batteries.
• D) The number of violent crimes in the city decreased by 112.46 percent last year.
• E) None of the above is true.

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Definitions:

Location Economies

The economic benefits that firms gain by performing a particular activity in the optimal location for that activity.

Meganational Strategy

A strategy employed by companies that operate globally, aiming to balance the scale benefits of global operations with the need to adapt to local markets.

Value Chain

All the value-creating activities undertaken by the company.

Multidomestic Strategy

a marketing strategy that involves tailoring products or services to fit the needs and preferences of different national markets.