Which of the Following Strategies Is a Firm Most Likely
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.
Firms that pursue a(n)_____ strategy differentiate their product offering across geographic markets to account for local differences.
Which of the following is true of a transnational strategy?
A)It is easy to implement because it does not place any conflicting demands on a company.
B)It is used when the pressures for cost reductions are low.
C)It is usually used when the pressure for local responsiveness is relatively low.
D)It enables the one-way flow of core competencies.
E)It is used by firms that try to achieve low costs through location economies,economies of scale,and learning effects.