Among organizational characteristics, local responsiveness is likely to be high if the firm
A) targets local market expansion or building presence in highly uncertain markets.
B) aims to seize market opportunities overseas or develop a sustained competitive position in the host country.
C) seeks acquisition of local firms' knowledge and experience, or tries to improve organizational legitimacy through localization and adaptation.
D) all of the above

Question

Quizplus · Accepted Answer

All of the above options contribute to higher local responsiveness in an organization. Targeting local market expansion or building presence in highly uncertain markets requires a strong understanding of the local market dynamics and adapting to the local culture and customer preferences. Seizing market opportunities overseas or developing a sustained competitive position in the host country also requires a high level of local responsiveness to adapt to local competitors, pricing strategies, and cultural differences. Acquiring local firms' knowledge and experience or improving organizational legitimacy through localization and adaptation requires a deep understanding of local business practices, regulations, and cultural nuances.

Among Organizational Characteristics, Local Responsiveness Is Likely to Be High