In a multi-domestic strategy, niche companies adapt products to satisfy the high demands of differentiation.
Answer the following statement true (T) or false (F)
True
When the need for differentiation is high but the concern for integration is low, a multi-domestic strategy is appropriate. In this case, niche companies adapt products to satisfy the high demands of differentiation and ignore economies of scale because integration is not very important.
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According to the accounting profession, the purpose of financial reporting is to provide information about a company that investors, lenders, and other creditors can use when deciding whether to provide resources to the entity
a. True b. False Indicate whether the statement is true or false
Which of the following pioneers of the digital revolution developed URL, http, and HTML, thus paving the way for the World Wide Web?
A) Robert Noyce and Jack Kilby B) Vincent Atanasoff and Clifford Berry C) Vint Serf and Bob Kahn D) Steve Jobs and Steve Wozniak E) Tim Berners-Lee
Which level of management is responsible for controlling day-to-day operations?
a. top management b. middle management c. operations management d. executive management
Which are parts of the macro-economic factors influencing firms?
a. Exchange rates b. Business cycles c. Economic growth rates d. All of the above