Product modifications are often required when entering foreign markets. One approach is to build country specific product features on a global platform. This strategy is known as _______________ and allows the firm to cater to the needs of customers in various markets while controlling production cost.
A) Global outsourcing
B) Mass customization
C) Multi-domestic production
D) Cross cultural manufacturing
Correct Answer:
Verified
Q1: Fade-in/Fade-out and Forewarning are two brand changeover
Q2: In modifying products for international markets firms
Q4: _, the use of brand names which
Q5: _ is a brand changeover strategy that
Q6: In considering the decision to customize or
Q7: Which of the following (if any) is
Q8: Unlike multi-domestic and mass customization product strategies
Q9: Identify two strategies open to the firm
Q10: The product modifications firms utilize when entering
Q11: A number of criteria are used by
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