Which of the Following Is True of a Localization Strategy?
Which of the following is true of a localization strategy?
A)It allows a firm to capture the cost reductions of mass-producing a standardized product.
B)It reduces duplication of functions.
C)It involves longer production runs.
D)It makes sense if the value added by customization supports higher pricing.
E)It substantially reduces local demand.
A global car manufacturer wants to start production in China.While catering to local responsiveness,what can the firm do to get scale economies?
A)increase costs whenever possible
B)use common vehicle platforms and components across many different models
C)shorten the production runs for each component
D)increase the duplication of functions required for each operation
E)manufacture only one type of car and sell it in all the international markets
Which of the following strategies is a firm most likely to pursue when it simultaneously faces both strong cost pressures and strong pressures for local responsiveness?
A)global standardization strategy
Which of the following is an observation made by researchers Bartlett and Ghoshal regarding modern multinational enterprises?
A)Global logistics industry makes the concept of "location economies" redundant for international firms.
B)Core competencies and skills can develop in any of the firm's worldwide operations.
C)Flow of skills between a firm and its global subsidiaries should be unidirectional.
D)Differentiating across geographic markets helps a firm in reducing costs.
E)Customer demands for local customization are on the decline worldwide.