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

question 9

Multiple Choice

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

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

ADH

An acronym for Alcohol Dehydrogenase, an enzyme involved in metabolizing alcohol by converting it into acetaldehyde.

Bone

A rigid organ that constitutes part of the vertebrate skeleton, providing structure, protection to the body, and aiding in movement.

Calcitonin

A hormone secreted by the thyroid gland that helps regulate calcium levels in the body by inhibiting bone breakdown and calcium release.

Parathyroid Hormone

An agent generated by the parathyroid glands, tasked with managing the amount of calcium in the blood and the metabolism of bones.