Which of the Following Statements Is True About Multidomestic Strategy

question 34

Multiple Choice

Which of the following statements is true about multidomestic strategy?

• A)It tailors products and operations to individual markets.
• B)It prefers to standardize products to achieve economies of scale.
• C)It does not allow regional managers to make decisions on their own.
• D)It enables firms to easily develop a worldwide competitive advantage.

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Definitions:

Toddlers

Young children typically aged between one and three years old, who are just beginning to walk and talk.

Appetite

A natural desire to satisfy a bodily need, especially for food or drink, often influenced by both psychological and physiological factors.

Erik Erikson

A developmental psychologist known for his theory on the psychosocial development of human beings, which outlines eight stages from infancy to adulthood.

Growth And Development

The process of physical maturation and psychological growth in humans from infancy to adulthood.