One of the most viable strategic options companies should consider in tailoring their strategy to fit circumstances of emerging country markets includes

Question

Quizplus · Accepted Answer

Among the strategy options for tailoring a company's strategy to fit the sometimes unusual or challenging circumstances presented in developing-country markets are the following: (1) prepare to compete on the basis of low price,(2) modify aspects of the company's business model or strategy to accommodate local circumstances (but not so much that the company loses the advantage of global scale and global branding),(3) try to change the local market to better match the way the company does business elsewhere,and (4) stay away from those emerging markets where it is impractical or uneconomical to modify the company's business model to accommodate local circumstances.

One of the Most Viable Strategic Options Companies Should Consider