What Is a Primary Drawback of a Localized Multidomestic Strategy

question 108

Multiple Choice

What is a primary drawback of a localized multidomestic strategy?

• A)It hinders the use of cross-border coordination of a company's activities and increases a company's vulnerability to adverse shifts in currency exchange rates.
• B)It makes it very difficult to take into account significant country-to-country differences in distribution channels and marketing methods.
• C)It makes it difficult and costly to be responsive to country-to-country differences in customer needs, buying habits, cultural traditions, and market conditions.
• D)It hinders the transfer of a company's competencies and resources across country boundaries and hinders the pursuit of a single, uniform competitive advantage in all country markets where a company operates.
• E)It is unsuitable for competing in the markets of emerging countries and posing added difficulty in modifying a company's business model to compete on the basis of low price.

Grasp the concept of personality trait stability and factors affecting behavioral prediction.

Comprehend the notion of locus of control and its impact on individuals.

Distinguish between various personality theories and concepts such as self-efficacy and behavioral consistencies.

Understand the role of goal setting in personal and psychological development, and differentiate between outcome and behavioral goals.

---

Definitions:

Brain Structure

A distinct area or region of the brain formed by a large group of neurons.

Manic Episode

A period of abnormally elevated, expansive, or irritable mood and high energy levels, often seen in bipolar disorder.

Hypomania

A milder form of mania characterized by elevated mood, increased activity or energy levels, but not severe enough to cause significant impairment or require hospitalization.

Bipolar I Disorder

A mental disorder characterized by extreme mood swings that include emotional highs (mania) and lows (depression).