Which of the Following Statements Is True About Multidomestic Strategy

question 34

Multiple Choice

Which of the following statements is true about multidomestic strategy?

• A)It tailors products and operations to individual markets.
• B)It prefers to standardize products to achieve economies of scale.
• C)It does not allow regional managers to make decisions on their own.
• D)It enables firms to easily develop a worldwide competitive advantage.

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Definitions:

Sea Stars

Sea stars, also known as starfish, are marine invertebrates belonging to the class Asteroidea, known for their radial symmetry and a body plan consisting of a central disc from which arms (or rays) extend.

Intertidal Zone

The area of the shoreline that is exposed to the air at low tide and submerged under water at high tide, home to diverse organisms.

Mussels

Aquatic mollusks with a bivalve shell, widely consumed as seafood, and known for their role in aquatic ecosystems as filter feeders.

Keystone

An essential element or species that plays a critical role in maintaining the structure of an ecological community, affecting many other organisms within the community.