Which of the following is true about a multi domestic strategy?
A. It places heavy emphasis on being responsive to local requirements within each of its markets.
B. It involves reducing diversification of business risk by locating all the business operations in the home country.
C. It places heavy emphasis on being efficient.
D. It stresses the need to gain economies of scale by offering essentially the same products or services in each market.
E. It tries to balance the desire for efficiency with the need to adjust to local preferences within various countries.
Answer: A. It places heavy emphasis on being responsive to local requirements within each of its markets.