Examlex
A large computer manufacturer makes complex products such as notebook computers and multimedia software. This company uses direct contact and the hierarchy of authority to coordinate and control activities. What design challenge does this organization face?
Multidomestic Strategy
A business strategy that involves a company adapting its products and practices to each local market, while maintaining a global presence.
Local Employment Customs
The traditional practices, norms, and laws that govern hiring, working conditions, and worker relations in a particular geographic area or culture.
Location Economies
The cost advantage of performing each stage in the value chain at the lowest cost for that activity.
Multidomestic Strategy
A corporate strategy that involves a firm offering products or services that are tailored to suit the tastes and preferences of different local markets.
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