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True or False
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1
According to the text, a global company is an organization with multicountry affiliates, each of which formulates its own business strategy based on perceived market differences.
A)True
B)False
2
The difference between firms of the early 1900s and present day companies are their explosive growth and the increasing globalization of their products and markets.
A)True
B)False
3
One variable commonly used to measure where and how fast internationalization takes place is the increase in total foreign direct investment.
A)True
B)False
4
The kinds of forces in the foreign environment are the same as those in the domestic environment except they occur in foreign nations.
A)True
B)False
5
An international manager has two choices on what to do overseas with a concept or technique employed in domestic operations: (1) transfer it intact or (2) adapt it to local conditions.
A)True
B)False





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