One Strategy Used by the New Champions to Succeed in Major

question 16

Multiple Choice

One strategy used by the new champions to succeed in major markets is:

• A)reviving old technology to save money
• B)copying the same model as MNCs from developed markets but with cheaper items
• C)employing the latest technology
• D)training staff in foreign companies first
• E)both a and d

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Definitions:

Principal Place Of Business

The primary location where a business's executive offices and operations are conducted.

Articles Of Incorporation

The primary legal document used to officially form a corporation, outlining basic details like the company's name, structure, and purpose.

Agreement To Incorporate

A formal arrangement or pact made by individuals to form and register a corporation, detailing the nature of the business, stakeholder rights, and responsibilities.

Agreement To Subscribe

A formal accord where an individual or entity agrees to purchase a certain number of shares or units of a product or service.