A "think-local,act local" multidomestic strategy entails
A) a narrow product line aimed at serving buyers in the same segments of country markets worldwide.
B) giving local managers considerable strategy-making latitude and often producing different product versions for different countries.
C) aggressive efforts to locate facilities in those country markets which have superior resources.
D) pursuing strong product differentiation and competing in many buyer segments.
E) extensive efforts to transfer a company's competencies and resource strengths from one country to another so as to keep entry costs into new country markets low.
Correct Answer:
Verified
Q42: Which of the following is not a
Q44: The drawbacks of a localized multidomestic strategy
Q45: A "think local,act local" multidomestic type of
Q46: Which of the following is not one
Q49: The strength of a "think local,act local"
Q51: Which of the following is the most
Q59: Strategic alliances,joint ventures,and cooperative agreements between domestic
Q69: When a company operates in the markets
Q73: A "think global,act global" approach to strategy-making
Q80: The essential difference between a "think global,act
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents