Question: What is the biggest difference between a global strategy and a multidomestic strategy? Question 9 Answer A . Global strategies are more centralised than multidomestic
What is the biggest difference between a global strategy and a multidomestic strategy?
Question Answer
A
Global strategies are more centralised than multidomestic strategies.
B
Importedexported products are automatically multidomestic when they arrive in the host country
C
Weaker and smaller firms tend to use multidomestic strategies, whereas larger and more expensive firms tend to use global strategies
D
Global strategies require an adjustment of their products and brands in host markets, where multidomestic strategies rely on new domestic brands and products being created by local companies against competitors
E
Multidomestic strategies are always more effective than global strategies across industries and countries
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