With the global strategy ________.
A) the firm utilizes the core competency of the firm or firm-specific advantage it developed at home as its main competitive weapon in the foreign market it enters
B) the firm views itself as a collection of relatively independent operating subsidiaries
C) the firm views the world as a single marketplace and has as its primary goal the creation of standardized goods and services that will address the needs of customers worldwide
D) the firm assigns responsibility for various organizational tasks to the unit of the organization best able to achieve the dual goals of efficiency and flexibility
Question 2
Capital budgeting requires companies to determine free cash flows, which are affected by factors such as local tax rates.
Indicate whether the statement is true or false
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