When Is a Think-Local,act-Local Approach to Strategy Making Appropriate

question 58

Multiple Choice

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

• 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

---

Definitions:

Gross Motor Skill Development

The progression of physical abilities that involve large muscle groups, such as walking, jumping, and throwing.

Fine Motor Skills

The ability to coordinate small muscles for tasks requiring precision, such as writing or buttoning a shirt.

Sensorimotor Knowledge

Knowledge acquired through sensory experiences and motor actions, fundamental in early childhood development for understanding the world.

Cognitive Development

Cognitive development is the process by which a child learns to understand, think, reason, and use language, extensively studied and outlined by theorists like Jean Piaget.