Which of the following is NOT a typical option that companies have to consider to tailor their strategy to fit the circumstances of emerging country markets?
A) Prepare to compete on the basis of low price.
B) Modify aspects of the company's business model to accommodate local circumstances (but not so much that the company loses the advantage of global scale and global branding).
C) Change the local market to better match the way the company does business elsewhere.
D) Develop a strategy for the short-term and forget about a long-term strategy because conditions in emerging country markets change so rapidly.
E) Stay away from those emerging markets where it is impractical or uneconomic to modify the company's business model to accommodate local circumstances.

Question

Quizplus · Accepted Answer

Developing a short-term strategy and forgetting about a long-term strategy is not a typical option that companies consider to tailor their strategy to fit the circumstances of emerging country markets. It is important for companies to have a long-term strategy to successfully compete in these markets. All the other options mentioned (A, B, C, and E) are typical options that companies can consider to tailor their strategy to fit the circumstances of emerging country markets.

Which of the Following Is NOT a Typical Option That