The Drawbacks of a Localized Multidomestic Strategy Include

question 72

Multiple Choice

The drawbacks of a localized multidomestic strategy include

• A) hindering the use of cross-border coordination of a company's activities and increasing company vulnerability to adverse shifts in currency exchange rates.
• B) making it very difficult to take into account significant country-to-country differences in distribution channels and marketing methods.
• C) making it difficult and costly to be responsive to country-to-country differences in customer needs, buying habits, cultural traditions, and market conditions.
• D) hindering transfer of a company's competencies and resources across country boundaries and hindering the pursuit of a single, uniform competitive advantage in all country markets where a company operates.
• E) being unsuitable for competing in the markets of emerging countries and posing added difficulty in modifying a company's business model to compete on the basis of low price.

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Definitions:

Ethical Uses

The application of moral principles to ensure fairness, transparency, and integrity in the use of resources or technologies.

Facial Recognition

A technology that identifies or verifies a person's identity using their face.

Biased Algorithms

Refers to algorithms that systematically and unfairly discriminate against certain individuals or groups based on data input.

Geographic Predictions

Refers to forecasts about geographic trends, patterns, or events based on data analysis and modeling.