A "Think-Local, Act-Local" Multidomestic Strategy Entails

question 128

Multiple Choice

A "think-local, act-local" multidomestic strategy entails

• A)offering a narrow product line aimed at serving buyers in the same segments of country markets worldwide.
• B)giving local managers considerable strategy-making latitude and often producing different product versions for different countries.
• C)adopting aggressive efforts to locate facilities in those country markets that have superior resources.
• D)pursuing strong product differentiation and competing in many buyer segments.
• E)extensive efforts to transfer a company's competencies and resource strengths from one country to another so as to keep entry costs into new country markets low.

---

Definitions:

Ovaries

Female reproductive organs in which eggs are produced and hormones like estrogen and progesterone are secreted.

Mammary Glands

Glands located in the breasts of female mammals that produce milk to feed young offspring.

Pregnancy

The condition or period of being pregnant, where an embryo or fetus develops in a woman's uterus.

Excretory Portion

involves the part of an organ system responsible for the elimination of wastes from the body.