Purchase Solution

Multi-Domestic Strategy

Not what you're looking for?

Ask Custom Question

A global strategy is one that emphasizes economies of scale due to the standardization of products and services, and the centralization of operations in a few locations. Meanwhile, a multi-domestic strategy focuses on a firm's differentiation of products and services seeking to adapt to local markets.

True or false?

Attachments
Purchase this Solution
Solution Summary

This solution explains if the global strategy question presented is true or false. A thorough explanation is provided.

Solution Preview

Both parts of this statement are true. With the global strategy, the emphasis is on economies of scale due to standardization with centralization in a ...

Purchase this Solution
Free BrainMass Quizzes
Writing Business Plans

This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.

Introduction to Finance

This quiz test introductory finance topics.

Academic Reading and Writing: Critical Thinking

Importance of Critical Thinking

Marketing Research and Forecasting

The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.

Operations Management

This quiz tests a student's knowledge about Operations Management

View More Free Quizzes
Related BrainMass Solutions

  • Explaining Multi-Domestic Strategy

    362610 Explaining Multi-Domestic Strategy Would you please help me to understand multi-domestic strategy? Response: Generally, global businesses adapt a multi-local strategy in multi-domestic markets.

  • Advantages and disadvantages of multi-domestic strategy

    74792 Multi-domestic strategy What are the advantages and disadvantages of multi-domestic strategy? Please provide an example. A multinational or multidomestic strategy It treats the world as a portfolio of national opportunities.

  • philosophies that guide strategic management

    Multi-Domestic Strategy: The Multi-domestic Strategy has strategic and operational decisions allocated to business units in each country.

  • Four Competitive Strategies

    Therefore, they would use their brand but with a multi-domestic strategy. Transnational strategy is an attempt to market using several different cultures (or at least two) mixed into one. The strategy is a mix of multi-domestic and global.

  • Definition of Marketing Strategies

    A good example of a company that followed multi-domestic strategy is Philips.

  • International Strategy and Business Expansion

    594259 International Strategy and Business Expansion An international strategy can take many forms. Explain what a global strategy is and how is it different from a multi-domestic strategy.

  • International Strategy vs Domestic Strategy

    131846 International Strategy versus Domestic Strategy Task: Explain why you think international strategy is important. What is the difference between domestic and international strategic planning?

  • International Business Strategies and Corporate Culture

    B) What are three basic differences between a domestic strategy and a global strategy? C) Why is a global matrix design almost always transitional in nature? D) What is corporate culture?

  • Globalization and Multinational Corporations

    E) not use intracorporate resources when also competing in a multi-domestic industry 8.

View More Related Solutions