Multidomestic corporations use one strategy for all global operations based on the different domestic influences that are present in the firm's original home market.

Question

Quizplus · Accepted Answer

Multidomestic corporations tailor their strategies to each specific market they operate in, incorporating the unique cultural, economic, and political factors of that market, rather than using a one-size-fits-all approach based on their home market. This allows them to better meet the needs and preferences of local consumers and adapt to local market conditions.

Multidomestic Corporations Use One Strategy for All Global Operations Based