Which of the Following Is Not a Typical Option That

question 103

Multiple Choice

Which of the following is not a typical option that companies have to consider to tailor their strategy to fit the circumstances of emerging country markets?

• A) Prepare to compete on the basis of low price
• B) Be prepared to modify aspects of the company's business model to accommodate local circumstances (but not so much that the company loses the advantage of global scale and global branding)
• C) Try to change the local market to better match the way the company does business elsewhere
• D) Develop a strategy for the short-term and forget about a long-term strategy because conditions in emerging country markets change so rapidly
• E) Stay away from those emerging markets where it is impractical or uneconomic to modify the company's business model to accommodate local circumstances

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Definitions:

Tightly Controlled Conditions

Environments or experiments where variables are strictly managed to ensure accurate and consistent results.

Cause And Effect

A principle signifying that an action or phenomenon invariably leads to or results in another, typically used to explain causality in events or processes.

Manipulating Factors

Variables that researchers or experimenters actively change or control to observe their effects on other variables.

Semantic Differential Scale

A survey or questionnaire tool that measures the connotative meaning of objects, events, or concepts across a range of polar adjectives.