One of the strategy options for competing in the markets of foreign countries is a ________ strategy.
A)profit sanctuary
B)country development
C)mapping
D)multidomestic
E)domestic

Question

Quizplus · Accepted Answer

A multidomestic strategy involves tailoring products, marketing, and operations to meet the specific needs of each individual country market, allowing for flexibility and responsiveness to local preferences and conditions. This can be a successful approach in highly diverse and competitive international markets. The other options do not accurately describe a viable strategy for competing in foreign markets.

One of the Strategy Options for Competing in the Markets