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) becomes more appealing the bigger the country-to-country differences in buyer tastes,cultural traditions,and market conditions.
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.
Correct Answer:

Verified
Correct Answer:
Verified
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