Which of the Following Statements Is True of a Global

question 10

Multiple Choice

Which of the following statements is true of a global strategy?

• A) The integration of markets is forcing companies that wish to remain successful to apply a domestic strategy.
• B) At present, companies have the option of remaining domestic or going multinational due to the separation of markets.
• C) Integration of markets is forcing companies that wish to remain successful not only to become multinationals but also to take a global perspective.
• D) A multidomestic strategy, as a competitive strategy, is inherently more vulnerable to risk than a domestic strategy or a global strategy.

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Definitions:

Control Group

In experimental research, a group of subjects that does not receive the experimental treatment, serving as a comparison to assess the effect of the treatment.

Goals Of Psychology

To describe, explain, predict, and change behavior and mental processes through the application of scientific methods.

Describe

To give a detailed account or picture of a situation, event, pattern, or the like, in words.

Predict

The ability to foretell or forecast future events based on current data or observations.