A "Think Global,act Global" Approach to Crafting a Global Strategy

question 48

Multiple Choice

A "think global,act global" approach to crafting a global strategy involves:

• A) pursuing the same basic competitive strategic theme (low cost,differentiation,best cost,and focused)in all countries where the firm does business.
• B) selling much the same products under the same brand names everywhere and expanding into most,if not all,nations where there is significant buyer demand.
• C) integrating and coordinating the company's strategic moves worldwide.
• D) utilizing the same competitive capabilities,distribution channels,and marketing approaches worldwide.
• E) All of these.

---

Definitions:

Leadership Style

The manner and approach of providing direction, implementing plans, and motivating people.

Deliver Efficient Results

Achieving objectives or outputs in an effective manner with minimal waste of time, effort, or resources.

Persuasion

The act or process of influencing someone's beliefs, attitudes, intentions, motivations, or behaviors through argument, reasoning, or appeal.

Avoid Punishment

A motivation strategy where actions are taken to evade consequences, often seen in contexts involving rules, regulations, or undesirable outcomes.