Which of the Following Is True of a Company Undertaking

question 74

Multiple Choice

Which of the following is true of a company undertaking a global approach?

• A)A global approach should not be delayed as success is dependent on a swift and hasty strategic process.
• B)A multidomestic strategy,as a competitive strategy,is inherently more vulnerable to risk than a domestic strategy or a global strategy.
• C)Market factors and economic conditions are internal factors that influence the potential gains to be realized by following a global strategy.
• D)Successful global brands carefully stake out their markets,allowing plenty of time to develop their overseas marketing efforts.

---

Definitions:

Involuntary Dissolution

The forced dissolution of a corporation or partnership by court order, usually initiated by a shareholder or creditor.

Charter Amendments

Changes made to the charter of a corporation, oftentimes requiring approval from a governing body or the shareholders.

Plurality

A situation in elections where the candidate or party receives more votes than any other but does not achieve an absolute majority.

Quorum

The lowest number of participants that must attend a meeting to officially carry out business activities.