When Is It Appropriate to Use a Think-Local, Act-Local Approach

question 74

Multiple Choice

When is it appropriate to use a think-local, act-local approach strategy?

• A)when the need for local responsiveness is minimal and when potential efficiency gains from standardization is unrestricted by cross-country opportunities
• B)when the local manager is intellectually savvy
• C)when the local market provides strong opportunity for growth and profitability
• D)when the need for local responsiveness is high due to significant cross-country differences in demographic, cultural, and market conditions and where benefits from standardization is limited
• E)when the need for centralized decision making is relevant due to various macroeconomic and market conditions

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