Employing a "Think-Local, Act-Local" Multidomestic Strategy Is Highly Questionable When

question 58

Multiple Choice

Employing a "think-local, act-local" multidomestic strategy is highly questionable when

• A)a company desires to transfer competencies and resources across country boundaries and is striving to build a single, uniform competitive advantage worldwide.
• B)there are significant country-to-country differences in customer preferences and buying habits and the industry is characterized by big economies of scale and strong experience curve effects.
• C)the trade restrictions of host governments are diverse and complicated.
• D)there are significant country-to-country differences in distribution channels and marketing methods.
• E)host governments enact regulations requiring that products sold locally meet strictly defined manufacturing specifications or performance standards.

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Definitions:

Stakeholder Model

is a theory of organizational management and business ethics that addresses morals and values in managing an organization, focusing on the interests of all stakeholders.

Corporate Governance

The system of rules, practices, and processes by which a company is directed and controlled, focusing on the balance between the interests of a company's stakeholders, including shareholders, management, customers, suppliers, financiers, government, and the community.

Corporate Decision-Making

The process by which business executives, managers, and other stakeholders make choices that affect the company's operations, objectives, and strategic direction.

Labor Law Reform

Alterations or improvements to the laws governing employment, aimed at enhancing worker rights, safety, and working conditions.