What is a primary drawback of a localized multidomestic strategy?
A. It makes it very difficult to take into account significant country-to-country differences in distribution channels and marketing methods.
B. It hinders the use of cross-border coordination of a company's activities and increases a company's vulnerability to adverse shifts in currency exchange rates.
C. It is 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.
D. It makes it difficult and costly to be responsive to country-to-country differences in customer needs, buying habits, cultural traditions, and market conditions.
E. It hinders the transfer of a company's competencies and resources across country boundaries and hinders the pursuit of a single, uniform competitive advantage in all country markets where a company operates.
Answer: E
You might also like to view...
Even if there are both appropriated and unappropriated retained earnings, the balances are combined when preparing the statement of retained earnings
a. True b. False Indicate whether the statement is true or false
______ theory suggests that motivation is the result of the combination of the expectation that effort (E) will lead to performance and that this performance will be instrumental (I) in reaching certain outcomes. It also recognizes that individuals can place different value (V) on any outcome.
A. Expectancy B. Content C. Process D. Equity
A contract entered into under undue influence is voidable.
Answer the following statement true (T) or false (F)
Gold, CPA, rendered an unqualified opinion on the financial statements of Eastern Power Company. Egan purchased Eastern bonds in a public offering subject to the Securities Act of 1933. The registration statement filed with the SEC included the audited financial statements. Gold is being sued by Egan under Section 11 of the Securities Act of 1933 for the misstatements contained in the financial statements. To prevail, Egan must prove
A. Neither scienter nor reliance. B. Reliance but not scienter. C. Scienter but not reliance. D. Both scienter and reliance.