Which of the Following Does NOT Accurately Characterize the Differences

question 111

Multiple Choice

Which of the following does NOT accurately characterize the differences between a localized multidomestic strategy and a global strategy?

• A) A global strategy entails extensive strategy coordination across countries and a multidomestic strategy entails little or no strategy coordination across countries.
• B) A global strategy often entails use of the best suppliers from anywhere in the world, whereas a multidomestic strategy may entail fairly extensive use of local suppliers (especially where use of local sources is required by host governments).
• C) A global strategy tends to involve use of similar distribution and marketing approaches worldwide, whereas a multidomestic strategy often entails adapting distribution and marketing to local customs and the culture of each country.
• D) A global strategy involves striving to be the global low-cost provider by economically producing and marketing a mostly standardized product worldwide, whereas a multidomestic strategy entails pursuing broad differentiation and striving to strongly differentiate its products in one country from the products it sells in other countries.
• E) A global strategy relies upon the same technologies, competencies, and capabilities worldwide, whereas a multidomestic strategy often entails the use of somewhat different technologies, competencies, and capabilities as may be needed to accommodate local buyer tastes, cultural traditions, and market conditions.

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Definitions:

Authority

The legitimate or socially accepted use of power, often vested in roles or positions rather than in the personal qualities of the individuals holding them.

Social Stratification

The arrangement or classification of society into hierarchies or divisions based on factors like wealth, income, race, education, and power.

Canadian Society

The social structure, cultural norms, and collective behaviors of people living in Canada, shaped by historical, economic, and political factors.

Official Measure

A standardized method or tool adopted by authorities for assessing, regulating, or comparing data within a specific field.