Acompany that adapts its product features for an international market is pursuing one of the three principle strategic options: a. a transnational strategy of appealing to local tastes and preferences through customization. b. a global strategy of offering products to a worldwide market. c. a global-custom strategy of think and act local, appealing to local markets. d. the strategic alliance approach of working with local companies to support local markets.

The former chairman of the federal reserve, alan greenspan, used the term "irrational exuberance" in 1996 to describe the high levels of optimism among stock market investors at the time. stock market indexes such as the s& p composite price index were at an all-time high. some commentators believed that the fed should intervene to slow the expansion of the economy. why would central banks want to clamp down when the economy is growing? a. to block the formation of unsustainable speculative asset bubbles. b. to curtail excessive profits in the banking system. c. to prevent inflationary forces from gathering momentum. d. all of the above. e. a and c only.