Whether the given statement is correct. Given statement: The strategic option for the multinational company should rely on its comparison with the advantages of the strategy with its costs of implementation. On such basis, it might be logical for few companies to pursue the localization strategy, international or global strategy, and transitional strategy.

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Answer 1

Question

Chapter 14, Problem 1CTD

Summary Introduction

To explain: Whether the given statement is correct.

Given statement:

The strategic option for the multinational company should rely on its comparison with the advantages of the strategy with its costs of implementation. On such basis, it might be logical for few companies to pursue the localization strategy, international or global strategy, and transitional strategy.

Expert Solution & Answer

Explanation of Solution

The given statement is correct. There exists a cost-benefit trade-off with the choice of strategy. The cost of control and structure for various strategies could change widely. Transnational is often too high, at the same time, the localization is very low.

The localization strategy do not confer numerous benefits of transnational, international, or global strategy. One should not forget that the strategy should fit with the competitive environment of the company, the organizational structure, and the control systems of the company, which should be consistent with its strategy.

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Students have asked these similar questions

Conduct an evaluation of the strategies (multi domestic, transnational and global) to determine which strategy a beauty salon that wishes to enter an international market should utilise. The company name which is Classy Couture Beauty should be included and the market they wish to enter should be specified. Comment on two (2) potential advantages and two (2) disadvantages of the strategy suggested.

Conduct an evaluation of the strategies to determine which strategy a local firm in your country that wishes to enter an international market should utilise. The name of the local firm should be included and the market they wish to enter should be specified. 2. Comment on two (2) potential advantages and two (2) disadvantages of the strategy suggested.

Is gaining access to low-cost labor a sufficient reason for a firm to pursue an international strategy? Why or why not? Is gaining access to special tax breaks a sufficient reason for a firm to pursue an international strategy? Why or why not? Are international strategies always just aspecial case of diversification strategies that a firm might pursue?

Answer 2

Question

Chapter 14, Problem 1CTD

Summary Introduction

To explain: Whether the given statement is correct.

Given statement:

The strategic option for the multinational company should rely on its comparison with the advantages of the strategy with its costs of implementation. On such basis, it might be logical for few companies to pursue the localization strategy, international or global strategy, and transitional strategy.

Expert Solution & Answer

Explanation of Solution

The given statement is correct. There exists a cost-benefit trade-off with the choice of strategy. The cost of control and structure for various strategies could change widely. Transnational is often too high, at the same time, the localization is very low.

The localization strategy do not confer numerous benefits of transnational, international, or global strategy. One should not forget that the strategy should fit with the competitive environment of the company, the organizational structure, and the control systems of the company, which should be consistent with its strategy.

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Answer 3

Question

Chapter 14, Problem 1CTD

Summary Introduction

To explain: Whether the given statement is correct.

Given statement:

The strategic option for the multinational company should rely on its comparison with the advantages of the strategy with its costs of implementation. On such basis, it might be logical for few companies to pursue the localization strategy, international or global strategy, and transitional strategy.

Expert Solution & Answer

Explanation of Solution

The given statement is correct. There exists a cost-benefit trade-off with the choice of strategy. The cost of control and structure for various strategies could change widely. Transnational is often too high, at the same time, the localization is very low.

The localization strategy do not confer numerous benefits of transnational, international, or global strategy. One should not forget that the strategy should fit with the competitive environment of the company, the organizational structure, and the control systems of the company, which should be consistent with its strategy.

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Answer 4

Question

Chapter 14, Problem 1CTD

Summary Introduction

To explain: Whether the given statement is correct.

Given statement:

The strategic option for the multinational company should rely on its comparison with the advantages of the strategy with its costs of implementation. On such basis, it might be logical for few companies to pursue the localization strategy, international or global strategy, and transitional strategy.

Expert Solution & Answer

Explanation of Solution

The given statement is correct. There exists a cost-benefit trade-off with the choice of strategy. The cost of control and structure for various strategies could change widely. Transnational is often too high, at the same time, the localization is very low.

The localization strategy do not confer numerous benefits of transnational, international, or global strategy. One should not forget that the strategy should fit with the competitive environment of the company, the organizational structure, and the control systems of the company, which should be consistent with its strategy.

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Answer 5

Chapter 14, Problem 1CTD

Summary Introduction

To explain: Whether the given statement is correct.

Given statement:

The strategic option for the multinational company should rely on its comparison with the advantages of the strategy with its costs of implementation. On such basis, it might be logical for few companies to pursue the localization strategy, international or global strategy, and transitional strategy.

Expert Solution & Answer

Explanation of Solution

The given statement is correct. There exists a cost-benefit trade-off with the choice of strategy. The cost of control and structure for various strategies could change widely. Transnational is often too high, at the same time, the localization is very low.

The localization strategy do not confer numerous benefits of transnational, international, or global strategy. One should not forget that the strategy should fit with the competitive environment of the company, the organizational structure, and the control systems of the company, which should be consistent with its strategy.

Answer 6

Chapter 14, Problem 1CTD

Summary Introduction

To explain: Whether the given statement is correct.

Given statement:

The strategic option for the multinational company should rely on its comparison with the advantages of the strategy with its costs of implementation. On such basis, it might be logical for few companies to pursue the localization strategy, international or global strategy, and transitional strategy.

Expert Solution & Answer

Explanation of Solution

The given statement is correct. There exists a cost-benefit trade-off with the choice of strategy. The cost of control and structure for various strategies could change widely. Transnational is often too high, at the same time, the localization is very low.

The localization strategy do not confer numerous benefits of transnational, international, or global strategy. One should not forget that the strategy should fit with the competitive environment of the company, the organizational structure, and the control systems of the company, which should be consistent with its strategy.

Answer 7

Chapter 14, Problem 1CTD

Summary Introduction

To explain: Whether the given statement is correct.

Given statement:

The strategic option for the multinational company should rely on its comparison with the advantages of the strategy with its costs of implementation. On such basis, it might be logical for few companies to pursue the localization strategy, international or global strategy, and transitional strategy.

Answer 8

Expert Solution & Answer

Explanation of Solution

The given statement is correct. There exists a cost-benefit trade-off with the choice of strategy. The cost of control and structure for various strategies could change widely. Transnational is often too high, at the same time, the localization is very low.

The localization strategy do not confer numerous benefits of transnational, international, or global strategy. One should not forget that the strategy should fit with the competitive environment of the company, the organizational structure, and the control systems of the company, which should be consistent with its strategy.

Answer 9

Expert Solution & Answer

Answer 10

Expert Solution & Answer

Answer 11

Ch. 14 - Prob. 1CTD Ch. 14 - Prob. 2CTD Ch. 14 - Prob. 3CTD Ch. 14 - Prob. 4CTD Ch. 14 - Prob. 5CTD Ch. 14 - Prob. 6CTD Ch. 14 - Prob. 7CTD Ch. 14 - Prob. 8CTD Ch. 14 - Prob. 1CDQ Ch. 14 - Prob. 2CDQ

Explanation of Solution

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Chapter 14 Solutions