The marketing team at Jiokaane Systems meets its chief operating officer, Linda, to discuss the best international strategy that they can adopt to enhance their sales and increase their customer base. Although the marketing team is in favor of a meganational approach, Linda recommends following a multidomestic approach. Which of the following statements can Linda use to justify her viewpoint?
A) The company can exploit location economies.
B) The company can promote knowledge flow throughout the organization, regardless of where the ideas originate.
C) The company can only focus on having globally standardized products.
D) The company can allow its local subsidiaries to decide what products to develop and sell in their local markets.
Correct Answer:
Verified
Q29: When a company follows a multidomestic strategy,
Q30: In the context of choosing an international
Q31: In the context of a meganational strategy,
Q32: Carvo Fashions, a leading designer and manufacturer
Q33: Nykiara, a global brand based in the
Q35: Lavos Bags, a designer handbag manufacturer, believes
Q36: Lionshash Inc. wants to localize its brand
Q37: When operations such as research and development,
Q38: In the context of choosing an international
Q39: The research team at GoMarket Inc. has
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents