A "Think Global,act Global" Approach to Strategy-Making Is Preferable to a "Think

question 42

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-to-country differences are small enough to be accommodated with 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:

Anterior Cavity

The front part of the body's cavity, which includes structures in the chest and abdomen.

Cornea

The clear, dome-shaped surface that covers the front of the eye, plays a key role in focusing vision, and is critical to eye health.

Gustatory

Pertaining to the sense of taste or the sensation of tasting.

Oral Hygiene

The practice of keeping the mouth, teeth, and gums clean and healthy to prevent disease.