MNEs Are Increasingly Finding That

question 85

Multiple Choice

MNEs are increasingly finding that:

• A)​The strategy that works in their domestic market will most likely work best in foreign markets.
• B)​Tailoring strategies for particular markets is costly and often ineffective.
• C) ​The quest for worldwide cost reduction and consolidation in global strategy has sacrificed local responsiveness.
• D) ​Strategies targeted to emerging markets work best in developed markets as well.

---

Definitions:

Diversity

The inclusion of individuals from a range of backgrounds, cultures, and perspectives, seen as a key factor in enriching group dynamics and problem-solving capacities.

Multicultural

Referring to or including several cultures, promoting diversity and inclusion in a social or organizational context.

Ethnocentrism

The belief in the superiority of one's own ethnic group or culture over others.

Cultures

The shared practices, beliefs, values, customs, and social behaviors of a particular nation, society, or group that shape their way of life and worldview.