A "think local,act local" multidomestic type of strategy
A) is very risky, given fluctuating exchange rates and the propensity of foreign governments to impose tariffs on imported goods.
B) is usually defeated by a "think global, act global" type of strategy.
C) becomes more appealing the bigger the country-to-country differences in buyer tastes, cultural traditions, and market conditions.
D) is generally an inferior strategy when one or more foreign competitors is pursuing a global low-cost strategy.
E) can defeat a global strategy if the "think local, act local" multicountry strategist concentrates its efforts exclusively in those foreign markets which have superior resources.
Correct Answer:
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