Which of the following strategies leverages economies of scale and can quickly disseminate innovations across borders; however, it lacks in responsiveness to local markets?
A) multidomestic
B) global
C) transnational
D) hybrid

Question

Quizplus · Accepted Answer

The global strategy leverages economies of scale, which means companies can produce goods or services in large quantities and distribute them at a lower cost. This strategy enables companies to quickly disseminate innovations across borders. However, it lacks responsiveness to local markets, as the same products or services are offered in all countries without considering local preferences or cultural differences.

Which of the Following Strategies Leverages Economies of Scale and Can