__________ needs stem from diversity of market conditions and social and political environments in the various countries in which the firm operates.
A) Global integration
B) Local integration
C) Transnational integration
D) Local responsiveness

Question

Quizplus · Accepted Answer

Local responsiveness refers to a firm's ability to meet the specific needs and demands of the local markets where it operates. These needs can vary greatly depending on the diversity of market conditions and social and political environments in each country. Therefore, local responsiveness needs stem from these differences, making option D the correct answer. Global integration (option A) refers to the standardization of processes and products across different markets, while local integration (option B) refers to the integration of a firm's various local operations. Transnational integration (option C) refers to the integration of a firm's global operations to achieve global efficiencies and local responsiveness simultaneously.

__________ Needs Stem from Diversity of Market Conditions and Social