Regional strategies are more appropriate than global strategies for firms that operate in ________.
A)multidomestic industries
B)high-tech industries
C)newly emerging industries
D)mature industries

Question

Quizplus · Accepted Answer

Firms that operate in multidomestic industries (industries where companies operate in different markets with unique preferences and regulations) would benefit more from regional strategies that take into account the specific needs of each market, rather than a global strategy that treats all markets as homogeneous. In contrast, high-tech, newly emerging, and mature industries may benefit more from global strategies that are more focused on achieving economies of scale and scope.

Regional Strategies Are More Appropriate Than Global Strategies for Firms