The Strength of a "Think-Local, Act-Local" Multidomestic Strategy Is That

question 72

Multiple Choice

The strength of a "think-local, act-local" multidomestic strategy is that it

• A)matches a company's competitive approach to prevailing market and competitive conditions in each country market, country by country.
• B)employs strategies that are almost totally different from and also unrelated to its strategies in other countries.
• C)operates independent plants, located in different countries, thus promoting greater achievement of scale economies.
• D)avoids host country ownership requirements and import quotas.
• E)eliminates the costs and burdens of trying to coordinate the strategic moves undertaken in one country with the moves undertaken in the other countries.

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Definitions:

Interaction Style

Describes the manner in which a person communicates or engages with others, which can vary widely across individuals.

Sales Interactions

These are the exchanges or engagements between sales representatives and potential or existing customers during the process of selling goods or services.

Assertiveness

A communication style and behavior characterized by confidently expressing one’s opinions and needs directly and respectfully.

Impulse Buying

The act of purchasing items on the spur of the moment without prior planning, often driven by emotions or immediate desires.