Multidomestic Strategy Involves All of the Following Except

question 29

Essay

Multidomestic strategy involves all of the following except:
a. Focuses on a number of foreign countries/regions.
b. Each foreign country is regarded as a stand-alone "domestic" market.
c. Is effective when there are clear differences among national and regional markets.
d. A multidomestic strategy has high costs.
e. Global standardization strategy is the same as a multidomestic strategy.

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Definitions:

Subjective Measure

An assessment method based on personal opinions, interpretations, or feelings rather than objective criteria or metrics.

Performance

The execution of an action or task in consideration of its efficiency, effectiveness, and quality.

Net Profits

The amount of money left after all expenses, taxes, and costs have been subtracted from total revenue.

Focal Leader

A primary leader who is the central point of guidance and decision-making within a group or organization.