Multiple Choice
When firms expand into global markets,they are faced with the choice of reducing costs and/or adapting to the local market.When high pressures exist to adapt locally,companies should choose a(n) ________ strategy or ________ strategy in order to compete in the global marketplace.
A) global; transnational
B) global; multidomestic
C) international; global
D) transnational; multidomestic
Correct Answer:

Verified
Correct Answer:
Verified
Q55: The Michael Porter Diamond of National Advantage
Q56: To meet market needs companies sometimes change
Q57: In reviewing the Indian software industry and
Q58: In Euromoney magazine's 2017 semi-annual "Country Risk
Q59: Which of the following describes the most
Q61: Which one of the following is not
Q62: Green tea Oreos in China,chocolate and peanut
Q63: Trading blocs and free trade zones erode
Q64: _ occurs when a firm decides to
Q65: Theodore Levitt,a marketing strategist,argued that people around