Multiple Choice
A localization strategy is most appropriate in an industry in which pressures for cost reductions are _________ and pressures for local responsiveness are _________.
A) high; high
B) high; low
C) low; low
D) low; high
E) variable; high
Correct Answer:

Verified
Correct Answer:
Verified
Q47: In which of the following circumstances does
Q47: When a company licenses its technology it
Q48: Most manufacturing companies begin their global expansion
Q49: Differences in tastes and preferences<br>A) increase pressures
Q50: The globalization of production has allowed firms
Q51: Host government demands generally<br>A) discourage foreign companies
Q53: Proctor & Gamble's global success was based
Q55: A company that enters a foreign market
Q56: A global standardization strategy is most appropriate
Q57: Responding to pressures to be locally responsive