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

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