A Think Local,act Local Multidomestic Type of Strategy

question 46

Multiple Choice

A think local,act local multidomestic type of strategy

• A)is very risky,given fluctuating exchange rates and the propensity of foreign governments to impose tariffs on imported goods.
• B)is usually defeated by a think global,act global type of strategy.
• C)is more appealing the bigger the country-to-country differences in buyer tastes,cultural traditions,and marketing methods.
• D)is generally an inferior strategy when one or more foreign competitors is pursuing a global low-cost strategy.
• E)can defeat a global strategy if the think local,act local multidomestic strategist concentrates its efforts exclusively in those foreign markets where it has profit sanctuaries.

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