When Comparing and Contrasting the Differences Between a Localized Multidomestic

question 67

Multiple Choice

When comparing and contrasting the differences between a localized multidomestic strategy and a global strategy you would not say that

• A)a global strategy entails extensive strategy coordination across countries and a multidomestic strategy entails little or no strategy coordination across countries.
• B)a global strategy often entails use of the best suppliers from anywhere in the world, whereas a multidomestic strategy may entail fairly extensive use of local suppliers (especially where use of local sources is required by host governments).
• C)a global strategy tends to involve use of similar distribution and marketing approaches worldwide, whereas a multidomestic strategy often entails adapting distribution and marketing to local customs and the culture of each country.
• D)a global strategy involves striving to be the global low-cost provider by economically producing and marketing a mostly standardized product worldwide, whereas a multidomestic strategy entails pursuing broad differentiation and striving to strongly differentiate its products in one country from the products it sells in other countries.
• E)a global strategy relies upon the same technologies, competencies, and capabilities worldwide, whereas a multidomestic strategy often entails the use of somewhat different technologies, competencies, and capabilities as may be needed to accommodate local buyer tastes, cultural traditions, and market conditions.

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Definitions:

Free Association

A psychoanalytic technique where the patient speaks freely to uncover repressed thoughts and feelings, facilitating the therapeutic process.

Insight Therapist

A mental health professional who focuses on guiding clients to understand the motivations and dynamics of their thoughts, emotions, and behaviors.

Biomedical Therapist

A professional who applies principles of biology and medical science to treat and manage patients, often focusing on the biochemical underpinnings of diseases.

Free Association

Free Association is a psychoanalytic therapy technique wherein patients are invited to speak freely about their thoughts, feelings, and desires to uncover unconscious thoughts and emotions.