Which of the following strategies is most likely to be pursued by a firm when there are strong pressures for cost reductions and demands for local responsiveness are minimal?

A. Domestic strategy

B. Global standardization strategy

C. International strategy

D. Transnational strategy

E. Nationalization strategy

B

Business

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Which of the following is a component of brand equity?

A) product cost B) profit margin C) perceived quality D) sales volume

Business

Consumers often choose and use brands that have a brand personality consistent with how they think others view them, also known as the ________ self-concept

A) actual B) others' C) ideal D) dual E) perceptual

Business