Trendz Inc is a leading brand of fashion clothing and accessories based in Houston. After gaining a strong foothold in the U.S., the company wants to foray into foreign markets
The management at Trends knows that people residing in other countries are likely to have different tastes and preferences, so they may have to redesign some of their offerings. Which of the following strategies is Trendz using?
A) market-penetration strategy
B) outsourcing strategy
C) geographic-expansion strategy
D) product differentiation strategy
E) ethnocentric strategy
C
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Indicate whether the statement is true or false
While some cultural concepts apply in both national and organizational settings, some don't. In what context should the competing values framework be utilized?
A) National B) Social C) Cultural D) Organizational