Question: being able to minimize shipping costs, avoid tariffs, and curb the effects of fluctuating exchange rates Question 7 3.8 pts A Multidomestic strategy involves: O

being able to minimize shipping costs, avoid tariffs, and curb the effects of fluctuating exchange rates Question 7 3.8 pts A Multidomestic strategy involves: O competing in each country market using the same competitive strategy varying your product and competitive approach from country to country O is always better than using a global strategy O is typically a first step strategy in to foreign markets Question 8 3.8 pts A global strategy involves: the firm tailoring products to a given market utilizing franchising strategy to expand worldwide seeking worldwide presence while tailoring product to each market using the same competitive approach in all countries and striving for worldwide coordination of activities

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