The Main Benefit of a Global Strategy Is That It

question 115

Multiple Choice

The main benefit of a global strategy is that it allows a company to ________.

• A)closely monitor buyer preferences in each local market
• B)save costs due to product and marketing standardization
• C)avoid either growth or retrenchment
• D)respond effectively to emerging buyer preferences

---

Definitions:

Ethnic Minorities

Groups of people who differ in race or ethnicity from the majority population of a country or region.

Incidence

The rate at which new cases of a disease or condition occur in a specific population during a defined period.

High-Fat Diet

A diet that contains a high proportion of fat calories, often linked with increased risk for certain health conditions like heart disease.

Cholesterol Levels

The concentration of cholesterol in the blood, which is a key indicator of heart health, with high levels associated with increased risk of heart disease.