A Think Local,act Local Multidomestic Type of Strategy

question 46

Multiple Choice

A think local,act local multidomestic type of strategy

• A)is very risky,given fluctuating exchange rates and the propensity of foreign governments to impose tariffs on imported goods.
• B)is usually defeated by a think global,act global type of strategy.
• C)is more appealing the bigger the country-to-country differences in buyer tastes,cultural traditions,and marketing methods.
• D)is generally an inferior strategy when one or more foreign competitors is pursuing a global low-cost strategy.
• E)can defeat a global strategy if the think local,act local multidomestic strategist concentrates its efforts exclusively in those foreign markets where it has profit sanctuaries.

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Definitions:

Turtle Technique

A cognitive-behavior modification intervention that combines elements of problem-solving training, self-instruction training, and relaxation training. It was developed as a way to help students who were emotionally disturbed to inhibit aggression or impulsive responding in social situations and to generate alternative responses. The turtle technique consists of three phases: (1) turtle response, (2) relaxation, and (3) problem solving.

Alternative Strategies

Different methods or approaches that can be used to achieve a specific goal or solve a problem.

Thought Stopping

A cognitive intervention technique used to control or eliminate intrusive thoughts by consciously attempting to interrupt and halt them.

Overt Interruption

An explicit or open disruption in a process or activity.