Which of the Following Is Not a Typical Option That

question 70

Multiple Choice

Which of the following is not a typical option that companies have to consider in order 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:

Annual Salary

The total amount of monetary compensation that an employee receives from their employer over the course of a year.

Pay Secrecy

The practice of prohibiting employees from discussing or disclosing information about their own or others' salaries and wages.

Discharge

The act of formally releasing or dismissing an individual from their position or duties, often due to performance issues or organizational restructuring.

Pay Policy

Systematic approach to establishing and maintaining equitable and competitive compensation structures within an organization.