Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Pressures for local responsiveness may make it difficult to ______________________________. compete effectively in more than one international market 2. __________________________is the most appropriate strategy when
Pressures for local responsiveness may make it difficult to ______________________________. compete effectively in more than one international market 2. __________________________is the most appropriate strategy when there are substantial differences across nations with regard to consumer tastes and preferences, and where cost pressures are not too intense. International strategy 3. ___________________________ is the most appropriate strategy when the firm simultaneously faces strong pressures for both cost reductions and local responsiveness. Transnational strategy 4. A firm facing low pressures for local responsiveness and few pressures to contain costs might best pursue a(n) _______________________. transnational strategy 5. Markets are dynamic, and any firm will face competition. In time, international and localization strategies tend to become less viable, and managers need to ________________________________
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started