A "Think-Local, Act-Local" Multidomestic Strategy Entails

question 128

Multiple Choice

A "think-local, act-local" multidomestic strategy entails

• A)offering a narrow product line aimed at serving buyers in the same segments of country markets worldwide.
• B)giving local managers considerable strategy-making latitude and often producing different product versions for different countries.
• C)adopting aggressive efforts to locate facilities in those country markets that have superior resources.
• D)pursuing strong product differentiation and competing in many buyer segments.
• E)extensive efforts to transfer a company's competencies and resource strengths from one country to another so as to keep entry costs into new country markets low.

---

Definitions:

ATP

Adenosine triphosphate, a high-energy molecule used as the main energy currency in the cell for metabolic processes.

ADP

Adenosine diphosphate, a molecule involved in energy transfer within cells.

Fermentation

A metabolic process that converts sugar to acids, gases, or alcohol in the absence of oxygen.

Gravity

A natural phenomenon by which all things with mass or energy are brought toward one another, including objects ranging from subatomic particles to planets and stars.