Multiple Choice
A localization strategy should be considered when
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.
Correct Answer:

Verified
Correct Answer:
Verified
Q20: Researchers Bartlett and Ghoshal noted that in
Q21: Universal needs exist when the tastes and
Q22: By producing its products in larger volume
Q23: Firms that operate internationally are able to
Q24: Denim Supply Inc. does not feel the
Q26: Economies of scale are achieved when a
Q27: Marketing functions may have to be delegated
Q28: A strategic alliance is a cooperative agreement
Q29: Frisco Corp. and Farren Industries agreed to
Q30: Discuss the significance of value creation. According