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A Firm May Narrow Its Focus to a Specific Region

Question 53

Multiple Choice

A firm may narrow its focus to a specific region of the world in order to:


A) decrease the pressures on managers to coordinate efforts on a worldwide basis.
B) obtain greater economies of scale.
C) better understand cultures,legal and social norms,and other factors that are important to effective competition in local markets.
D) avoid depleting financial resources in markets where the firm may not be successful.

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