Questions and Answers
What strategic approach to international markets involves creating highly independent operating units in each new country?
Multidomestic strategy
What strategic approach to international markets involves the headquarters in the home country making all the major decisions?
Global strategy
What strategic approach to international markets reaps the benefits of international scale while being responsive to local market dynamics?
Transnational strategy
What is the purpose of international trade organizations like the International Monetary Fund (IMF)?
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What is the main function of the World Bank?
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What is the purpose of trading blocs or common markets?
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What is the term for the agreement to produce and market another company's product in exchange for a royalty or fee?
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What is the term for the investment of money by companies in domestic business enterprise?
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What are multinational companies (MNC's)?
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What is the term for the selling of goods and services to a client in another country?
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