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:

Cross-Tolerance

A phenomenon in which tolerance to the effects of a certain drug produces tolerance to another drug, usually because both drugs share similar mechanisms of action.

Drug Group

A classification of medications or compounds with similar chemical structures, mechanisms of action, therapeutic uses, or side effects.

Addiction

A complex brain disorder characterized by escalation, compulsive drug taking, and relapse; called substance use disorder per the DSM-5.

Schizophrenia

A mental disorder characterized by disruptions in thought processes, perceptions, emotional responsiveness, and social interactions, presenting symptoms like hallucinations and delusions.