Two Drawbacks of a "Think Local,act Local" Multidomestic Strategy Are

question 68

Multiple Choice

Two drawbacks of a "think local,act local" multidomestic strategy are

• A) that it is especially vulnerable to fluctuating exchange rates and that it can usually be defeated by companies employing cross-border coordination techniques.
• B) excessive vulnerability to fluctuating exchange rates and having to craft a separate strategy for each country market in which the company competes.
• C) hindering a company's transfer of competencies and resources across country boundaries (since somewhat different competencies and capabilities are likely to be employed in different host countries) and not promoting the building of a single, unified competitive advantage in all country markets where a company competes.
• D) greater exposure to both increases in tariffs and restrictive trade barriers and added difficulty in accommodating the diverse trade restrictions and regulatory requirements of host governments.
• E) not being able to export products manufactured in one country to markets in other countries and being largely unsuitable for competing in the markets of emerging countries.

Understand the significance of brand image and how it shapes public expectations toward nonprofit organizations.

Describe the concept of exchange in the context of nonprofit services and its impact on organizational operations.

Identify how brands play a crucial role in differentiating nonprofit goods and services.

Acknowledge the role of organizational brands as tools for effective public relations.

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Definitions:

Negative Cumulative Cash Surplus

A financial situation where the cumulative cash flows from a project or business are negative, indicating a deficit.

Borrowing Need

The necessity for an individual or organization to raise funds through loans or debt issuance to finance its operations or investments.

Costs Of Placing An Order

Expenses associated with ordering inventory, including administrative costs, shipping, handling, and procurement costs, critical in managing inventory levels.

Shortage Cost

Costs incurred from not having enough inventory or resources to meet demand, including lost sales and dissatisfied customers.