The strategic approach to multinational management
A)Involves the development of one strategy for all countries.
B)Focuses on the skills and aptitudes that the next generation of global managers will need.
C)Is concerned with developing strategies that deal with operating in more than one country and culture.
D)None of the above

Question

Quizplus · Accepted Answer

The strategic approach to multinational management is concerned with developing strategies that deal with operating in more than one country and culture. This approach recognizes the complexity of managing a multinational organization and requires a tailored strategy for each country or region. Option A is incorrect because developing one strategy for all countries may not be effective due to differences in market demands, cultural values and business environment. Option B is incorrect as it focuses on individual skills rather than the strategic approach to managing a multinational organization. Option D is incorrect because at least one of the options is correct.

The Strategic Approach to Multinational Management