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A "Think-Local, Act-Local" Multidomestic Type of Strategy

Question 26

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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 when the country-to-country differences in buyer tastes, cultural traditions, and market conditions are diverse.
D) is generally an inferior strategy when one or more foreign competitors are pursuing a global low-cost strategy.
E) can defeat a global strategy if the "think-local, act-local" multicountry strategist concentrates its efforts exclusively in those foreign markets which have superior resources.

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