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Question
While multinational corporations face almost limitless social, cultural, demographic, environmental, political, governmental, legal, technological, and competitive opportunities and threats, the number and complexity of these factors do not dramatically increase with the number of products produced and the number of geographic areas served.
Answer
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Related questions
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Which of the following is NOT a major approach to R&D?
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In the BCG Matrix, a division with a high relative market share position in a low-growth industry can be described as a
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Increased education and diversity of the workforce at all levels are reasons why the top-down approach should be favored in organizations.
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Political forecasts can be the most important part of an external audit for firms that depend heavily on government contracts.
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Political, governmental, and legal factors can represent key threats or opportunities for both small and large organizations.
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Forward integration strategy is especially effective when the availability of quality distributors is so limited as to offer a competitive advantage to those firms that integrate forward.
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Strategists should try to cover all bases by planning for all possible contingencies.
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Since a combination strategy bears no risk, many organizations pursue a combination of two or more strategies simultaneously.
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A low value of the dollar means lower exports and higher imports.
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