A ______ is one in which competition is essentially segmented from country to country.
A) Stakeholder activism
B) Multidomestic industry
C) Globalized economy
D) Polycentric environment

Question

Quizplus · Accepted Answer

A multidomestic industry involves competition being segmented from country to country, meaning that companies tailor their products and strategies to the specific needs and preferences of each local market. This is often in contrast to a globalized economy, where companies aim for consistency and standardization across markets, and a polycentric environment, where there is a focus on decentralization and autonomy for each local market. Stakeholder activism refers to the actions taken by individuals or groups to influence a company's decisions and practices.

A ______ Is One in Which Competition Is Essentially Segmented