1. Unlike multidomestic firms, global corporations:
a. produce goods that are highly diversified.
b. concentrate decision-making responsibilities in a handful of local companies.
c. have home-country biases.
d. assume that customers are the same regardless of nationality.
2. An organization that implements a defender strategy focuses on:
a. taking numerous risks to enhance sales.
b. increasing costs to improve the performance of its current products.
c. enhancing creativity and innovation.
d. protecting its market from new competitors.
3. A weakness of the single-product strategy is that the:
a. cost of production is high.
b. firm using it will require excessive capital.
c. marketing of a product is poor.
d. firm using it will suffer if its product is replaced by a new one.