A "Think Global,act Global" Approach to Strategy-Making Is Preferable to a "Think

question 42

Multiple Choice

A "think global,act global" approach to strategy-making is preferable to a "think local,act local" approach when:

• A) a big majority of the company's rivals are pursuing localized multidomestic strategies.
• B) country-to-country differences are small enough to be accommodated with the framework of a mostly uniform global strategy.
• C) plants need to be scattered across many countries to avoid high shipping costs.
• D) market growth rates vary considerably from country to country.
• E) host governments enact regulations requiring that products sold locally meet strict manufacturing specifications or performance standards.

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Definitions:

Positive Reinforcement

A principle in behavioral psychology where the introduction of a desirable stimulus following a behavior increases the likelihood of that behavior recurring.

Temper Tantrum

An emotional outburst, typically observed in young children, characterized by yelling, crying, and negative behaviors, often in response to frustration or unmet desires.

Operant Conditioning

A simple form of learning in which an organism learns to engage in behavior that is reinforced.

Positive Reinforcer

A reinforcer that, when applied, increases the frequency of a behavior.