____ best suits situations where the pressures to globalize are relatively low,and local firms' strengths lie in a deep understanding of local markets.
A) Defender strategy
B) Extender strategy
C) Dodger strategy
D) Contender strategy

Question

____ best suits situations where the pressures to globalize are relatively low,and local firms' strengths lie in a deep understanding of local markets.
A) Defender strategy 
B) Extender strategy 
C) Dodger strategy 
D) Contender strategy

Quizplus · Accepted Answer

The Defender strategy is focused on defending the local home market, and it best suits situations where the pressures to globalize are relatively low, and local firms' strengths lie in a deep understanding of local markets. This strategy is characterized by a narrow product line, a limited geographic scope, and a focus on cost reduction and efficiency. It is ideal for firms that have a dominant position in their home market and face low levels of competition, as well as those with limited resources for international expansion.

____ Best Suits Situations Where the Pressures to Globalize Are