GramTech Solutions is a software development firm based in the United States. The firm's CEO, David Ghaster, wants to open an outlet in India. Being a visionary leader, he would require employees to discover a strategic vision for the firm require managers to acquire an openness to and awareness of culture in India commit minimum resources for international ventures because of the currency risk involved cut down on employees' cross-cultural training to save capital to open a firm in India QUESTION 6 Due to the competition involved in global Industries, marketing strategies are determined by the unique needs and regulations of each nation. True False QUESTION 7 Which of the following gives headquarters considerable authority and control over the firm's activities worldwide? nationalization home replication strategy centralized approach decentralized approach QUESTIONS Which of the following is characteristic of a global industry? A small number of major players compete head-on in multiple markets. Competition is designed on a country-by-country basis. Numerous forms compete within the industry worldwide. Different marketing activities are designed to meet local needs across the globe