A Think Global,act Global Approach to Strategy Making Is Preferable

question 19

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-by-country differences are small enough to be accommodated within 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:

20th Week

Often referenced in human development or pregnancy, marking the midpoint of a typical gestational period.

Surrogacy

An arrangement wherein a woman agrees to carry and deliver a child for another person or couple, whom will become the child's parent(s) after birth.

Chromosomal Abnormalities

Variations or mutations in the number or structure of chromosomes, often leading to genetic disorders.

Fertilizing Ova

The process of a sperm cell penetrating an ovum (egg cell), resulting in the fertilization and the beginning of embryonic development.