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When Firms Expand into Global Markets,they Are Faced with the Choice

Question 2

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 lower costs,companies should choose a __________ or __________ in order to compete in the global marketplace.


A) global strategy; transnational strategy
B) global strategy: multidomestic strategy
C) international strategy; multidomestic strategy
D) international strategy; transnational strategy

Correct Answer:

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