A think global,act global approach to strategy making is preferable to a think local,act local approach when
A)a big majority of the company's rivals are pursuing localized multidomestic strategies.
B)country-by-country differences are small enough to be accommodated within the framework of a mostly uniform global strategy.
C)plants need to be scattered across many countries to avoid high shipping costs.
D)market growth rates vary considerably from country to country.
E)host governments enact regulations requiring that products sold locally meet strict manufacturing specifications or performance standards.

Question

Quizplus · Accepted Answer

A think global, act global approach is most effective when differences between countries are minimal, allowing a company to utilize a largely uniform strategy across various markets. This approach leverages commonalities among markets to streamline operations and present a consistent brand worldwide.

A Think Global,act Global Approach to Strategy Making Is Preferable