Multinational Versus Multidomestic Issues
Research and discuss some of the issues a company faces when it tries to use a multidomestic or multinational strategy.
- What legal or cultural requirements do companies need to consider when adopting a multidomestic strategy?
- Who are the major stakeholders of a company using a multidomestic strategy? Do the rules change or does the company always need to ensure they are complying both with local laws and the laws of the parent company? What role does the Foreign Corrupt Practices Act (FCPA) play for U.S. companies operating in foreign markets?