A multidomestic strategy makes most sense when there are low pressures for local responsiveness and high pressures for cost reductions.

Question

Quizplus · Accepted Answer

A multidomestic strategy makes most sense when there are high pressures for local responsiveness, meaning that companies need to adapt their products or services to meet local preferences and cultures. This often results in higher costs due to the need to establish local operations and supply chains. Therefore, a multidomestic strategy typically prioritizes local adaptation over cost reductions.

A Multidomestic Strategy Makes Most Sense When There Are Low