A Multi-Domestic Strategy

question 30

Multiple Choice

A multi-domestic strategy:

• A)thrives where markets operate under Free Trade Agreements
• B)faces insignificant competition from companies that operate only in one country
• C)focuses primarily on national differences to achieve most of its strategic objectives
• D)is one in which the final products are fundamentally the same for each country

---

Definitions:

Bundle A

Not a standardized economic term without context; appears to be a placeholder name for a specific set of goods and services.

Budget Constraint

An economic model that represents all the combinations of goods and services that a consumer can afford given current prices within their income level.

Marginal Utility

The additional satisfaction or benefit (utility) a consumer gains from consuming one more unit of a good or service.

Fresh Fruit Topping

Freshly cut fruits used as an additional decorative and flavorful layer on desserts and other dishes.