A "Think-Local, Act-Local" Multidomestic Type of Strategy

question 26

Multiple Choice

A "think-local, act-local" multidomestic type of strategy

• A)is very risky, given fluctuating exchange rates and the propensity of foreign governments to impose tariffs on imported goods.
• B)is usually defeated by a "think-global, act-global" type of strategy.
• C)is more appealing when the country-to-country differences in buyer tastes, cultural traditions, and market conditions are diverse.
• D)is generally an inferior strategy when one or more foreign competitors are pursuing a global low-cost strategy.
• E)can defeat a global strategy if the "think-local, act-local" multicountry strategist concentrates its efforts exclusively in those foreign markets which have superior resources.

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Definitions:

Sexual Pattern

A term that is not commonly used in a precise psychological or medical context; it may refer to an individual's typical behaviors, preferences, and tendencies in their sexual activities. However, without a specific context, its meaning remains broad.

Pedophile Victims

Individuals, typically children, who have been subject to sexual abuse by an adult with a primary or exclusive sexual interest in prepubescent children.

Prepubescent Girls

Refers to girls who have not yet begun puberty, the period of life when a child's body begins to develop and change into that of an adult.

Postpubescent Boys

This term refers to males who have gone through puberty and have developed secondary sexual characteristics but are still considered young or adolescent.