Which of the following statements is true about multidomestic companies?
A) Multidomestic companies tend to view the world as one market and pit their resources against competition in an integrated manner.
B) Local managers of multidomestic companies are given the authority to make necessary decisions and are held accountable for results.
C) Multidomestic companies pursue the same strategies in each of their foreign markets.
D) Multidomestic companies standardize marketing activities when there are cultural similarities and adapt them when cultures are different.
Correct Answer:
Verified
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