Which of the following is true of a multidomestic strategy?
A)It allows a company to take responsibility for global operations in its specific product area.
B)It encourages product design, assembly, and marketing tailored to the specific needs of each country.
C)It delegates responsibility and decision-making authority in some areas, such as adapting products or services to meet local needs.
D)It enables an organization to achieve multinational flexibility and rapid response.

Question

Quizplus · Accepted Answer

A multidomestic strategy means that competition in each country is handled independently of competition in other countries.Thus,a multidomestic strategy would encourage product design,assembly,and marketing tailored to the specific needs of each country.

Which of the Following Is True of a Multidomestic Strategy