All Global New Ventures Share Two Common Factors

question 55

Multiple Choice

All global new ventures share two common factors. One is that the company founders successfully develop and communicate the company's global vision from the start. The other is__________ .

• A) the bringing of a good or service to several different foreign markets at the same time
• B) the use of local adaptation strategy
• C) a mechanistic organizational culture
• D) the ability to respond quickly and efficiently to any changes in the external environment
• E) the development of culturally-specific implementation policies

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Definitions:

Northwestern Land Claims

Territorial disputes and claims in the Northwestern territories of the United States, primarily during the late 18th and early 19th centuries, involving land rights and settlement.

Northwest Ordinance

A 1787 federal law that created a method for admitting new states to the Union from the territory, and listed rights and freedoms.

Land Ordinance

A reference to the Land Ordinance of 1785, a law aimed at orderly settlement and division of territory into townships in the United States.

Land Ordinance

Legislation passed by Congress under the Articles of Confederation that established a systematic and orderly process for surveying, selling, and settling lands in the western territories.