The Strength of a "Think Local,act Local" Multidomestic Strategy Is

question 53

Multiple Choice

The strength of a "think local,act local" multidomestic strategy is that

• A) it matches a company's competitive approach to prevailing market and competitive conditions in each country market.
• B) each of a company's country strategies is almost totally different from and unrelated to its strategies in other countries.
• C) the plants located in different countries can be operated independent of one another,thus promoting greater achievement of scale economies.
• D) it avoids host-country ownership requirements and import quotas.
• E) it eliminates the costs and burdens of trying to coordinate the strategic moves undertaken in one country with the moves undertaken in the other countries.

---

Definitions:

Contract Price

The price agreed upon by the contracting parties as the amount to be paid for the fulfillment of the contract obligations.

Equitable Warranties

Legal promises implied by law that ensure fairness and the truthful disclosure of important information typically in property transactions.

Due-on-sale Warranties

Clauses within a mortgage agreement that require the full loan amount to be repaid if the property is sold.

Express Warranties

Explicit promises made by a seller about the quality, condition, or performance of goods being sold.