Which of the following approaches tends to be most important to making an international business successful in any given country?
A)global consistency
B)local adaptation
C)domestic synergy
D)predetermined benchmarks

Question

Which of the following approaches tends to be most important to making an international business successful in any given country?
A)global consistency  
B)local adaptation  
C)domestic synergy  
D)predetermined benchmarks

Quizplus · Accepted Answer

Local adaptation tends to be the most important approach to making an international business successful in any given country. This includes adapting products, marketing strategies, and operations to fit the local market. It shows respect for local culture and customs, which can lead to better relationships with customers and stakeholders. While global consistency and predetermined benchmarks have their place, they are not always the most important factor in achieving success in foreign markets. Domestic synergy may be important for in-country operations, but is not as relevant for international business success.

Which of the Following Approaches Tends to Be Most Important