Business, 28.12.2019 01:31, crodriguez87

The essential difference between a "think global, act global" and a "think global, act local" approach to strategy-making isthat: a. a "think global, act global" approach entails extensive strategy coordination across countries and a "think global, actlocal" approach entails little or no strategy coordination across countries. b. the former aims at implementing the same business model worldwide, whereas the latter aims at implementingcustomized business models to better match local market circumstances. c. the "think global, act local" approach gives local managers more latitude to make minor strategy variations wherenecessary to better satisfy local buyers and to better match local market conditions. d. a "think global, act global" approach involves selling a mostly standardized product worldwide, whereas a "think global, act local" approach entails selling products that are highly differentiated from country to country. e. a "think global, act global" approach involves selling under a single brand name worldwide, whereas a "think global, actlocal" approach entails utilizing multiple brands (typically one for each different country or group of neighboringcountries).

Answers: 2

Show answers

Other questions on the subject: Business

Business, 21.06.2019 20:40, brai9206

Which of the following explains why the government sets a required reserve ratio for private banks? a. to allow the government to control the interest rate charged on loans. b. to prevent banks from printing too much money and causing inflation. c. to make sure banks don't run out of money when customers make withdrawals. d. to enable the regulation of risk levels in the decision process of offering loans. 2b2t

Answers: 1

continue

Business, 21.06.2019 21:00, synite

Chipotle mexican grill, the american mexican food chain restaurant, opened its first restaurant in the united states in 1993. in 2010, chipotle opened its first restaurant in the united kingdom in london on charing cross. by late may 2013, the company had 6 restaurants in london, but they have not been doing well even though the british have taken a liking to mexican food (boyle, 2013). why has this successful u. s. chain not seen the same success overseas? if you were chipotle's ceo, how would you fix this situation? what is an alternative means of venturing outside of its domestic markets that may allow for a competitive advantage? then, pick a company that has not yet expanded overseas, or if it has expanded, suggest a different strategy for entrance into an overseas market that you feel would be more strategic for the company. research its rivals in the global marketplace and market conditions in the overseas market you are targeting. justify your recommended entry strategy based on these industry and market conditions.

Answers: 1

continue

Business, 22.06.2019 11:40, sriggins1375

Manipulation manufacturing's (amm) standards anticipate that there will be 5 pounds of raw material used for every unit of finished goods produced. amm began the month of maymay with 8,000 pounds of raw material, purchased 25,500 pounds for $ 15,300 and ended the month with 7,400 pounds on hand. the company produced 4,9004,900 units of finished goods. the company estimates standard costs at $ 1.10 per pound. the materials price and efficiency variances for the month of maymay were:

Answers: 1

continue

Business, 22.06.2019 20:20, gbrightwell

Reynolds corp. factors $400,000 of accounts receivable with mateer finance corporation on a without recourse basis on july 1, 2015. the receivables records are transferred to mateer finance, which will receive the collections. mateer finance assesses a finance charge of 1 ½ percent of the amount of accounts receivable and retains an amount equal to 4% of accounts receivable to cover sales discounts, returns, and allowances. the transaction is to be recorded as a sale. required: a. prepare the journal entry on july 1, 2015, for reynolds corp. to record the sale of receivables without recourse. b. prepare the journal entry on july 1, 2015, for mateer finance corporation to record the purchase of receivables without recourse— think through this. c. explain the difference between sale of receivables with recourse as oppose to without recourse.

Answers: 2

continue

Do you know the correct answer?

The essential difference between a "think global, act global" and a "think global, act local" approa...