Which of the following factors increases pressures for cost reductions? Reduced international competition High switching costs Meaningful differentiation between products Persistent excess capacity Competitors that are based in high-cost locationsWhich of the following statements is true about transnational strategy? It gives little emphasis to cost reduction and achieving scale economies. It fosters a flow of resources such as process knowledge between different subsidiaries in the company's global network of operations. It is adopted by companies that produce standardized goods that do not require product differentiation. It is an easy one to pursue because it places minimal demands on the company. It makes little sense when the pressures for local responsiveness are intenseUnlike traditional manufacturing, flexible manufacturing: decreases efficiency. limits an organization's ability to offer greater product variety. allows the production of only standardized products. lowers unit costs. limits an organization's ability to customize products