Which of the Following Is True of the International Strategies

question 68

Multiple Choice

Which of the following is true of the international strategies used by multinationals?

• A) A firm using a multidomestic strategy sacrifices responsiveness.
• B) A firm using a global strategy sacrifices efficiency.
• C) A global strategy places high emphasis on being responsive to local requirements within each of its markets.
• D) A multidomestic strategy tries to balance the desire for efficiency with the need to adjust to local preferences within various countries.
• E) A global strategy stresses the need to gain economies of scale by offering essentially the same products or services in each market.

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Definitions:

Missing Interest Rate

Refers to the absent or undisclosed rate of interest that should have been applied to a loan or investment.

Missing Interest Rate

The interest rate that isn’t specified or is needed to solve a financial calculation, often in the context of loans or investments.

Missing Interest Rate

A term referring to an unknown or not specified interest rate in a financial calculation or transaction.

Annual Rates

Interest rates or financial charges that are applied over a one-year period.