Which of the following strategies focuses on increasing profitability by customizing the firm's goods or services so that they provide a good match to tastes and preferences in different national markets?

A. International strategy

B. Global standardization strategy

C. Localization strategy

D. Transnational strategy

E. Nationalization strategy

C

Business

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Peter Smith has just won the state lottery and has the following three payout options for after-tax prize money

1. $64,000 per year at the end of each of the next six years 2. $304,000 (lump sum) now 3. $502,000 (lump sum) six years from now The annual discount rate is 9%. Compute the present value of the third option. (Round to nearest whole dollar.) Present value of $1: 8% 9% 10% 1 0.926 0.917 0.909 2 0.857 0.842 0.826 3 0.794 0.772 0.751 4 0.735 0.708 0.683 5 0.681 0.650 0.621 6 0.630 0.596 0.564 7 0.583 0.547 0.513 A) $240,000 B) $98,133 C) $101,717 D) $299,192

Business

Ads featuring underwear, condoms, and feminine hygiene products may be offensive to some, which has led to regulations restricting when and where the ads can be placed

Indicate whether the statement is true or false

Business