Multidomestic corporations ________.
A) maintain operations in multiple countries, but do not allow managers in each country to make their own decisions
B) reflect ethnocentric attitudes
C) decentralize management and other decisions to the local country
D) attempt to replicate their domestic successes by managing foreign operations from the home country

Question

Quizplus · Accepted Answer

Multidomestic corporations decentralize management and decision-making to the local country. This allows for local adaptation and responsiveness to specific market conditions and cultural norms. Unlike ethnocentric corporations, which prioritize the values and practices of the home country, multidomestic corporations embrace local diversity and tailor their strategies accordingly. Likewise, it differs from replicating domestic successes, as multidomestic corporations recognize that what works in one country may not work in another, and they empower local managers to make the necessary adjustments.

Multidomestic Corporations ________