The notion of global strategy as a one-size-fits-all:
A)Adds to local responsiveness.
B)Provides the best way for companies to compete with domestic rivals as well as international rivals.
C) Fails to adequately accommodate firms in emerging economies.
D) Looks primarily at how MNEs compete with their domestic rivals in foreign countries.

Question

The notion of global strategy as a one-size-fits-all:
A)​Adds to local responsiveness.
B)​Provides the best way for companies to compete with domestic rivals as well as international rivals.
C) ​Fails to adequately accommodate firms in emerging economies.
D) ​Looks primarily at how MNEs compete with their domestic rivals in foreign countries.

Quizplus · Accepted Answer

Global strategy cannot be a one-size-fits-all approach as it fails to take into account the unique challenges and opportunities that firms in emerging economies face. These firms often have different market conditions, cultural contexts, and resource constraints that require tailored strategies to succeed. Therefore, companies must be flexible and adapt their approach to fit the local environment.

The Notion of Global Strategy as a One-Size-Fits-All