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

question 5

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 independently 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.

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Definitions:

Hemostasis

The physiological process which stops bleeding at the site of an injury while maintaining blood in a fluid state within the vascular system.

Granulation

The formation of new, fibrous tissue during the healing process of a wound, characterized by small, red, grain-like bumps.

Braden Scale

A tool used in healthcare to predict the risk of developing pressure ulcers by assessing factors like sensory perception, moisture, activity, mobility, nutrition, and friction/shear.

Pressure Ulcer

A type of injury to skin and underlying tissue resulting from prolonged pressure, often seen in bedridden patients.