Which of the Following Is Not a Typical Characteristic of Multidomestic

question 79

Multiple Choice

Which of the following is not a typical characteristic of multidomestic firms?

• A) Extensively customize both their product offerings
• B) Try to establish a complete set of value creation activities in each major national market in which they do business
• C) Have a low cost structure
• D) Do a poor job of leveraging core competencies within the firm
• E) Extensively customize their marketing strategy to match different national conditions

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Definitions:

Marginal Revenue

The additional income generated from selling one more unit of a product or service.

Equilibrium

When aggregate demand equals aggregate supply.

MC = MR

A principle in economics stating that profit maximization occurs when a firm's marginal cost (MC) equals its marginal revenue (MR).

Marginal Revenue

The additional income gained from selling one more unit of a good or service.