Many large MNCs work to combine the ___________ approaches to strategic planning.
A)economic, environmental, political, and administrative
B)global, environmental, economic, and quality
C)political, administrative, regional, and environmental
D)economic, political, quality, and administrative

Question

Quizplus · Accepted Answer

Many large MNCs work to combine the economic, political, quality, and administrative approaches to strategic planning. For example, IBM relies on the economic imperative when it has strong market power (especially in less developed countries), the political and quality imperatives when the market requires a calculated response (European countries), and an administrative coordination strategy when rapid, flexible decision making is needed to close the sale. Of the four, however, the first three approaches are much more common because of the firm's desire to coordinate its strategy both regionally and globally.

Many Large MNCs Work to Combine the ___________ Approaches to Strategic