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 the 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
Q24: Which of the following is true about
Q25: Serenity Incorporation is a leading international watch
Q26: Mark, an employee of Easel Co., an
Q26: The national government of Turnbury regulates the
Q30: Singapore is one of the leading producers
Q31: Which of the following is true of
Q32: The nation of Lancaster is embroiled in
Q33: RL Inc. ,an American insurance company,attempted to
Q34: Some nations establish limits on the amount
Q36: Daffy Inc.is an international gaming corporation.Each of
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