Multidomestic strategy involves all of the following except:
A) Each foreign country is regarded as a stand-alone "domestic" market
B) Is effective when there are clear differences among national and regional markets
C) Global standardization strategy is the same as a multidomestic strategy
D) A multidomestic strategy has high costs

Question

Quizplus · Accepted Answer

Global standardization strategy is not the same as a multidomestic strategy. A global standardization strategy involves offering a standardized product or service across multiple countries, while a multidomestic strategy focuses on adapting products and services to the specific needs of individual countries.

Multidomestic Strategy Involves All of the Following Except