10 Questions
What is the primary emphasis of a multidomestic strategy?
Differentiating products and services to adapt to local markets
In a multidomestic strategy, how are decisions typically made?
Decentralized to local markets
Which of the following factors are considered in tailoring products and services for local markets in a multidomestic strategy?
Language, culture, income levels, customer preferences, distribution systems
What is a potential strength of a multidomestic strategy?
Ability to adapt products and services to local market conditions
What is a potential limitation of a multidomestic strategy?
Both B and C
In a transnational strategy, what trade-offs are sought?
Efficiency versus local adaptation versus organizational learning
How are assets and capabilities disbursed in a transnational strategy?
According to the most beneficial location for a specific activity
What is a potential strength of a transnational strategy?
All of the above
In a transnational strategy, what pressures are high?
Pressure for local adaptation and lowering costs
Which strategy involves centralization of some value chain activities and decentralization of others?
Transnational strategy
Test your knowledge on the characteristics, strengths, and limitations of a multidomestic strategy which focuses on adapting products and services to local markets. Explore topics like decentralized decisions, customized offerings, market expansion, and pricing strategies.
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