Which of the Following Is Not a Typical Option That

question 103

Multiple Choice

Which of the following is not a typical option that companies have to consider to tailor their strategy to fit the circumstances of emerging country markets?

• A) Prepare to compete on the basis of low price
• B) Be prepared to modify aspects of the company's business model to accommodate local circumstances (but not so much that the company loses the advantage of global scale and global branding)
• C) Try to change the local market to better match the way the company does business elsewhere
• D) Develop a strategy for the short-term and forget about a long-term strategy because conditions in emerging country markets change so rapidly
• E) Stay away from those emerging markets where it is impractical or uneconomic to modify the company's business model to accommodate local circumstances

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Definitions:

Tea

A beverage made by steeping dried leaves of the tea plant (Camellia sinensis) in hot water, known for its cultural and historical significance across the world.

Opium

A narcotic obtained from the poppy plant, historically used for its analgesic and euphoric properties, and central to several historic conflicts such as the Opium Wars.

Mexican Southwest

Refers to the region of the United States that was formerly part of Mexico, including states such as California, Arizona, New Mexico, and Texas.

Catholic Church

The largest Christian church, led by the Pope, with a global presence and centuries of religious, social, and political influence.