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

question 125

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-by-country differences are small enough to be accommodated within the framework of a mostly uniform global strategy.
• C) host governments enact regulations requiring that products sold locally meet strict manufacturing specifications or performance standards.
• D) plants need to be scattered across many countries to avoid high shipping costs.
• E) market growth rates vary considerably from country to country.

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Definitions:

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Natural talents or capabilities that an individual is born with, as opposed to skills developed through experience or education.

Language Development

The process by which children come to understand and communicate language during early childhood.

Nature-driven Explanation

An understanding or interpretation based on natural causes or influences, often in contrast to human or artificial factors.

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