A Think Global,act Global Approach to Strategy Making Is Preferable

question 19

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-by-country differences are small enough to be accommodated within 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.

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Definitions:

Word Pointers

Text elements or keywords that guide readers through a document or presentation.

Online Audience

The group of individuals who interact with or consume content on digital platforms, such as websites, social media, or blogs.

Skimmable

Describes text that is easy to read quickly or superficially, allowing important information to be easily identified and understood.

Efficient

Achieving maximum productivity with minimum wasted effort or expense; effectively managing resources to achieve a specific goal.