What Is the Benefit of Using a Multi-Domestic Strategy

question 15

Multiple Choice

What is the benefit of using a multi-domestic strategy?

• A) Helps to ensure the maintenance of a quality image of the firm.
• B) Ensures obtaining the maximum benefits from economies of scale.
• C) Ensures the maintenance of quality of the firm's products.
• D) Greater ability to hire locals to do key advertising and related activities.

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Definitions:

Advertised Price

The price of a product or service that has been publicly communicated to potential buyers through various marketing channels.

Reasonable Value

A fair market price or level of compensation that would be deemed equitable under normal circumstances.

Gratuitous Promise

A promise for which no consideration is given or required in return, often unenforceable without a deed or under specific legal conditions.

Consideration

In contract law, consideration refers to the value (such as money, a service, or a promise) that is given in exchange for a contractual obligation from the other party.