A think$-$global, act$-$global approach to strategy$-$making is preferable to a think$-$local, act$-$local approach when

Multiple Choice

host governments enact regulations requiring that products sold locally meet strict manufacturing specifications or performance standards.

country$-$by$-$country differences are small enough to be accommodated within the framework of a mostly uniform global strategy$-$

plants need to be scattered across many countries to avoid high shipping costs.

a big majority of the company's rivals are pursuing localized multidomestic strategies.

market growth rates vary considerably from country to country.