Véronique is the CEO of a wind power energy company. Identify which company model she would emulate to craft a multidomestic strategy.
A. Tiffany & Co., an American luxury jewelry and specialty retailer, controls its general market approach from its headquarters in New York.
B. Ford Motors establishes its own ride-sharing business in Mumbai, India.
C. Castrol produces over 3,000 different formulas of oil lubricants to meet the requirements of different climates, vehicle types and uses, and equipment applications that characterize different country markets.
D. Vueling, a low-cost carrier based in Spain, adapts its price to competitive pressures from Norwegian Air, RyanAir, and EasyJet.
E. Intel strongly encourages its trading partners to use the UN/EDIFACT ISO standard ISO 9735 for syntax and data exchange.
Answer: C
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Define the legal meaning of "nuisance" and explain the two types of nuisances recognized by the law, using a scenario to illustrate each type.
What will be an ideal response?
Shaun recommends that the organization do everything it can to lower the organizational costs required to produce widgets while still charging customers the same price for the product. Shaun is recommending the ________ strategy.
A. cost cutting B. cost leadership C. differentiation D. niche E. None of the above
Which of the following is NOT one of the six determinants that are relevant in deciding issue intensity?
A. consensus of wrong B. discovery of the act C. probability of harm D. immediacy of consequences
A ____________________ is a book or file in which the firm’s accounting transactions are recorded in the order that they occur.
Fill in the blank(s) with the appropriate word(s).