Within the context of international business strategies,a global strategy is associated with ________.
A) low degree of global integration and high degree of local responsiveness
B) low degree of global integration and lack of local responsiveness
C) high degree of global integration and high degree of local responsiveness
D) low degree of global integration and low degree of local responsiveness
E) high degree of global integration and low degree of local responsiveness

Question

Quizplus · Accepted Answer

A global strategy is associated with a high degree of global integration, meaning coordination and integration of activities across different countries to achieve economies of scale and scope. At the same time, it involves a low degree of local responsiveness, meaning that products and services are standardized across different countries to achieve cost efficiencies. Therefore, the best choice is E - high degree of global integration and low degree of local responsiveness.

Within the Context of International Business Strategies,a Global Strategy Is