The marker of a true transnational strategy is

A. host governments enact regulations requiring that products sold locally meet strict manufacturing specifications or performance standards.
B. market growth rates vary considerably from country to country.
C. plants need to be scattered across many countries to avoid high shipping costs.
D. striking the right balance between thinking globally and acting locally, even though it is more costly and complex to implement.
E. a big majority of the company's rivals are pursuing localized multidomestic strategies.


Answer: D

Business

You might also like to view...

Explain why quantitative data from a research study must be condensed into a manageable size before you can interpret it

Business

The percent of sales method assumes that all assets and all liabilities increase proportionally with

sales, but retained earnings does not. Indicate whether the statement is true or false

Business

A significant disadvantage of the payback period is that it

A) is complicated to explain. B) does not properly consider the time value of money. C) increases firm risk. D) provides a measure of liquidity.

Business

Suppose you own a portfolio of British securities valued at about $500,000. The exchange rate is currently at $1 = £0.66. A currency contract on British pounds is set at 62,500 pounds

How many contracts must you purchase to protect at least 90% of your portfolio from exchange rate risk? A) 6 B) 5 C) 4 D) 3

Business