Which of the Following Is a Difference Between an International

question 95

Multiple Choice

Which of the following is a difference between an international strategy and a global strategy?

• A) An international strategy has limited local responsiveness, and a global strategy does not.
• B) A tall structure is appropriate for a global strategy, and a flat structure is appropriate for an international strategy.
• C) A global strategy entails producing standardized products, but an international strategy customizes products.
• D) An international strategy involves setting up manufacturing operations in many countries, but a global strategy involves producing goods at a few locations.

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Definitions:

Normal Balance

The side (debit or credit) on which entries increase an account's balance, based on the accounting equation.

Financial Statement

A written record that conveys the financial activities and conditions of a business or individual, typically including the balance sheet, income statement, and cash flow statement.

Permanent/Temporary

This refers to the nature of employment or status of objects wherein 'permanent' indicates indefinite duration and 'temporary' indicates a fixed duration.

Normal Balance

Normal Balance is the side (debit or credit) where increases to the account are recorded, depending on the account type.