Which of the Following Is the Most UNLIKELY Element of a "Think

question 32

Multiple Choice

Which of the following is the most UNLIKELY element of a "think global,act global" approach to crafting a global strategy?

• A) Having minimal responsiveness to buyer tastes,cultural traditions,and market conditions in each country market
• B) Scattering plants across many countries,with each plant producing product versions for local area markets
• C) Utilizing the same competitive capabilities,distribution channels,and marketing approaches worldwide
• D) Requiring local managers in host countries to stick close to the chosen global strategy
• E) Selling much the same products under the same brand names worldwide

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Definitions:

Multiplier

An economic factor that quantifies the impact of a change in investment, government spending, or other economic variables on the overall economy, often leading to a multiple increase in income or output.

Liquidity Preference Theory

A theory suggesting that people prefer to hold their wealth in liquid form for ease of transactions and as a precaution against uncertainty, influencing interest rates.

Demand for Money

The need or desire to hold money as opposed to investing or spending it, influenced by factors such as interest rates and economic stability.

Liquidity Preference

The desire of consumers and businesses to hold onto cash or easily convertible assets rather than making long-term investments or transactions.