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.

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