Two major drawbacks of a think local,act local multidomestic strategy are
A) that it is especially vulnerable to fluctuating exchange rates and can usually be defeated by companies employing cross-market subsidization tactics.
B) excessive vulnerability to fluctuating exchange rates and having to craft a separate strategy for each country market in which the company competes.
C) hindering a company's transfer of competencies and resources across country boundaries (since somewhat different competencies and capabilities are likely to be employed in different host countries) and not promoting the building of a single,unified competitive advantage in all country markets where a company competes.
D) greater exposure to both increases in tariffs and restrictive trade barriers,and added difficulty in accommodating the diverse trade restrictions and regulatory requirements of host governments.
E) not being able to export products manufactured in one country to markets in other countries and being largely unsuitable for competing in the markets of emerging countries.
Correct Answer:
Verified
Q54: Briefly identify the major reasons a company
Q55: A localized or multidomestic strategy
A)is generally preferable
Q56: In which of the following circumstances is
Q57: The drawbacks of a localized multidomestic strategy
Q58: Televisa,a Mexican media company,became the world's most
Q60: Companies racing for global market leadership
A)generally have
Q61: Under what circumstances is it advantageous for
Q62: Explain and provide examples as to why
Q63: Discuss in some detail the difference between
Q108: Discuss in some detail the difference between
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