Multiple Choice
The drawbacks of a localized multidomestic strategy include
A) hindering the use of cross-border coordination of a company's activities and increasing company vulnerability to adverse shifts in currency exchange rates.
B) making it very difficult to take into account significant country-to-country differences in distribution channels and marketing methods.
C) making it difficult and costly to be responsive to country-to-country differences in customer needs, buying habits, cultural traditions, and market conditions.
D) hindering transfer of a company's competencies and resources across country boundaries and hindering the pursuit of a single, uniform competitive advantage in all country markets where a company operates.
E) being unsuitable for competing in the markets of emerging countries and posing added difficulty in modifying a company's business model to compete on the basis of low price.
Correct Answer:

Verified
Correct Answer:
Verified
Q67: Profit sanctuaries are country markets or geographic
Q68: Two drawbacks of a "think local,act local"
Q69: Which of the following is not an
Q70: Cross-country variations in government policies and economic
Q71: The generic strategic options for competing in
Q73: The difference between political risks and economic
Q74: In expanding outside its domestic market,one way
Q75: Competing in the markets of foreign countries
Q76: In which of the following situations is
Q124: In competing in foreign markets,companies find it