The first stage of growth in Greiner's model of organizational growth is "growth through delegation."

Which of the following statements is false?

(A) A multinational company usually has headquarters in one country and branches in other countries. (B) A multinational company pays taxes only in the country in which it is headquartered. (C) Multinational companies account for more than $3 trillion of worldwide assets. (D) Multinational companies are sometimes called transnational corporations.

Hundreds of small companies such as Martin-Logan and Mark Levinson compete in the high-end audiophile segment of the consumer electronics industry

If analyzed in terms of Porter's generic strategies framework, such companies might be said to be pursuing competitive advantage via: A) cost leadership. B) differentiation. C) cost focus. D) focused differentiation. E) consumer differentiation.