Two Drawbacks of a "Think Local,act Local" Multidomestic Strategy Are

question 41

Multiple Choice

Two drawbacks of a "think local,act local" multidomestic strategy are

• A) that it is especially vulnerable to fluctuating exchange rates and that it can usually be defeated by companies employing cross-market subsidization tactics.
• B) excessive vulnerability to fluctuating exchange rates and having to craft a separate strategy for each country market in which the company competes.
• C) hindering a company's transfer of competencies and resources across country boundaries (since somewhat different competencies and capabilities are likely to be employed in different host countries)and not promoting the building of a single,unified competitive advantage in all country markets where a company competes.
• D) greater exposure to both increases in tariffs and restrictive trade barriers and added difficulty in accommodating the diverse trade restrictions and regulatory requirements of host governments.
• E) not being able to export products manufactured in one country to markets in other countries and being largely unsuitable for competing in the markets of emerging countries.

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Definitions:

Spinal Cord

The cylindrical bundle of nerve fibers and associated tissue that is connected to the brain at the brainstem and runs down the back, encased in the spinal column.

Sensation

Sensation is the process by which sensory receptors and the nervous system receive and represent stimuli from the environment, serving as the foundation for perception.

Pain Receptors

Specialized nerve endings that transduce pain stimuli into nerve signals that are interpreted by the brain as the sensation of pain.

Anticipation

The act of expecting or predicting something to happen based on prior knowledge or cues.