A multidomestic industry is:
A) One in which competition in each country is essentially independent of other countries
B) One in which a firm competitive position in one's country is significantly influenced by its position in other countries.
C) One in which domestic products are not sole
D) One in which many products are sold

Question

Quizplus · Accepted Answer

A multidomestic industry is characterized by competition in each country being essentially independent of competition in other countries. This means that companies can tailor their strategies, products, and operations to each specific local market without significant interference or influence from their positions in other markets.

A Multidomestic Industry Is