A "Think Global,act Global" Approach to Strategy-Making Is Preferable to a "Think

question 42

Multiple Choice

A "think global,act global" approach to strategy-making is preferable to a "think local,act local" approach when:

• A) a big majority of the company's rivals are pursuing localized multidomestic strategies.
• B) country-to-country differences are small enough to be accommodated with the framework of a mostly uniform global strategy.
• C) plants need to be scattered across many countries to avoid high shipping costs.
• D) market growth rates vary considerably from country to country.
• E) host governments enact regulations requiring that products sold locally meet strict manufacturing specifications or performance standards.

---

Definitions:

Rewind()

A function in C that sets the file position indicator to the beginning of a file stream.

Random Access Files

Files that allow data to be read or written in any order, not necessarily sequentially.

Current Position

Refers to the immediate location in a data stream or file where the next read or write will occur.