1- A global strategy for a company would include
A) Products tailored to local tastes and needs, with local sourcing.
B) A standardized product available without any local responsiveness.
C) Patents and copyrights that are designed to promote maximum innovation.
D) All of the above.
2- Which of the following is an example of the globalization of production?
A) Pepsico sells the same brand of pringles in multiple markets but with flavors talilored to local tastes.
B) The World Trade Organization forces Venezuela to change its gasoline grade to conform to the US Clean Air Act.
C) Ford manufactures a car in Michigan, but uses parts sourced from 27 countries.
D) All of the above.