Compared to a global strategy, a multicountry strategy would be characterized by:

Compared to a global strategy, a multicountry strategy would be characterized by:

A. strategy coordination across countries.

B. preferred suppliers located in host countries.

C. major strategic decisions coordinated centrally.

D. products adapted to local needs.

View Answer

Answer: D

Explanation:

A multicountry strategy focuses on tailoring products and strategies to fit the specific needs and preferences of each local market. This is in contrast to a global strategy, which seeks to standardize products and strategies across all markets to achieve economies of scale. In a multicountry strategy, companies adapt their products to meet the unique demands of customers in each country, which often involves decentralized decision-making to ensure that local preferences and conditions are addressed effectively.

Reference: Bartlett,

C. A., & Ghoshal, S. (1989). Managing Across Borders: The Transnational Solution. Harvard Business School Press.

Hitt, M. A., Ireland, R. D., & Hoskisson, R. E. (2016). Strategic Management: Competitiveness and Globalization. Cengage Learning.