WPC 480 Chapter 8 Exam Questions With 100% Correct Answers.

WPC 480 Chapter 8 Exam Questions With 100% Correct Answers. global strategy - answeris an international strategy in which a firm's home office determines the strategies that business units are to use in each country or region. multidomestic strategy - answeris an international strategy in which strategic and operating decisions are decentralized to the strategic business units in individual countries or regions for the purpose of allowing each unit the opportunity to tailor products to the local market international strategy - answeris a strategy through which the firm sells its goods or services outside its domestic market. transnational strategy - answeris an international strategy through which the firm seeks to achieve both global efficiency and local responsiveness. greenfield venture - answeris an entry mode through which a firm invests directly in another country or market by establishing a new wholly owned subsidiary international diversification strategy - answeris a strategy through which a firm expands the sales