A global strategy allows for: the leading companies to compete for the biggest share of the world market, but only occasionally compete head to head in different countries. the markets in various countries to be part of the world market and competitive conditions across country markets to be strongly linked. a company's overall market strength to be the sum of its market shares in each country market where it has a presence. the industry leaders to be foreign companies, while domestic companies are relegated to runner-up status. a firm's overall competitive advantage to be determined by the size of the competitive advantage it has in each of its profit sanctuaries.

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan

The answer is a. i think