Regional strategies are more appropriate than global strategies for firms which operate in what kind of situation?
A) multi-domestic industries
B) high-tech industries
C) newly emerging industries
D) mature industries

Question

Quizplus · Accepted Answer

Multi-domestic industries refer to industries where firms need to adapt their strategies to each specific local market. Therefore, regional strategies are more appropriate for such industries than global strategies, which would not consider the differences between markets.

Regional Strategies Are More Appropriate Than Global Strategies for Firms