Which of the following is not a typical option that companies have to consider to tailor their strategy to fit the circumstances of emerging country markets?
A) Prepare to compete on the basis of low price
B) Be prepared to modify aspects of the company's business model to accommodate local circumstances (but not so much that the company loses the advantage of global scale and global branding)
C) Try to change the local market to better match the way the company does business elsewhere
D) Develop a strategy for the short-term and forget about a long-term strategy because conditions in emerging country markets change so rapidly
E) Stay away from those emerging markets where it is impractical or uneconomic to modify the company's business model to accommodate local circumstances

Question

Quizplus · Accepted Answer

Developing a strategy for the short-term and forgetting about the long-term is not a typical option for companies to tailor their strategy to fit the circumstances of emerging country markets. In fact, companies need to have a long-term perspective while developing their strategy even in emerging markets.

Which of the Following Is Not a Typical Option That