When Is a Think-Local, Act-Local Approach to Strategy Making Appropriate

question 87

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