If Jeff's company decides to open completely new operations in Thailand,Japan,and Korea,and decides to decentralize management and decision making to the local countries,it would be following a ________ approach.
A)multidomestic
B)global
C)ethnocentric
D)multinational
E)borderless organization

Question

Quizplus · Accepted Answer

The multidomestic approach involves decentralizing management and decision making to the local countries, allowing for adaptation to local needs and preferences. This approach is often used when companies operate in diverse markets with different cultures, languages, and regulations. In this scenario, Jeff's company is opening new operations in three different countries with distinct cultures and business environments. Therefore, the multidomestic approach is the most appropriate choice. The global approach, on the other hand, would involve maintaining centralized control and standardization across all operations, which may not be feasible or desirable given the local differences. The ethnocentric approach would entail relying on a centralized, home country perspective and set of values, which may lead to cultural clashes and ineffective decision making in foreign markets. The multinational approach is similar to the multidomestic approach but tends to maintain more centralized control from the home country. The borderless organization approach seeks to erase national boundaries and create a seamless global organization, which may not be feasible or practical in this case.

If Jeff's Company Decides to Open Completely New Operations in Thailand,Japan,and