A multidomestic strategy leverages economies of scale and can quickly disseminate innovations across borders; however, it lacks in responsiveness to local markets.

Question

Quizplus · Accepted Answer

A multidomestic strategy is designed to be responsive to local markets, often resulting in customized products and services for different countries or regions. While it may not leverage economies of scale as effectively as a global strategy, it aims to meet the unique needs and preferences of each market.

A Multidomestic Strategy Leverages Economies of Scale and Can Quickly