Which of the following is a disadvantage for firms pursuing a multidomestic business strategy?
A) limited knowledge transfer between individual subsidiaries
B) exerting unnecessary control over subsidiaries
C) lack of interest in obtaining additional knowledge about foreign operations
D) inability to react quickly to local challenges and opportunities
E) restriction of decision-making ability of subsidiaries

Question

Quizplus · Accepted Answer

A multidomestic business strategy involves a firm tailoring its approach to fit the demands of different international markets. A disadvantage of this strategy is limited knowledge transfer between individual subsidiaries, as each operates independently and focuses on local adaptation, potentially leading to silos within the organization.

Which of the Following Is a Disadvantage for Firms Pursuing