The Most Unlikely Element of a Localized Multidomestic Strategy Is

question 70

Multiple Choice

The most unlikely element of a localized multidomestic strategy is

• A)granting country managers fairly wide strategy-making latitude
• B)scattering plants across many host countries, each producing product versions for local area markets
• C)adapting marketing and distribution to the buying habits, customs, and culture of each host country
• D)considering the preference for local suppliers (use of some local suppliers may be mandated by host governments)
• E)selling directly to buyers (perhaps via the company's website)to avoid having to establish networks of wholesale/retail dealers in each country market

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Definitions:

Promissory Note

A financial instrument in which one party (the maker) promises in writing to pay a determinate sum of money to the other (the payee), either at a fixed or determinable future time or on demand.

Missing Interest Rate

The not specified or unidentified rate of interest in a financial context.

Real Compound Rate of Return

The annual rate of return on an investment, adjusted for inflation, that compounds over time.

CPI Increased

indicates that the Consumer Price Index, which measures changes in the price level of consumer goods and services, has risen.