Question

When the pressures for cost reductions are low and pressures for local responsiveness are low, is considered to be an appropriate strategy.

a) transnational strategy
b) global stanardization strategy
c) localization strategy
d) international strategy

Answer 1

A global standardization strategy is the appropriate strategy when the pressures for cost reductions and local responsiveness are low. The correct answer is option b).

Step-by-step explanation:

When the pressures for cost reductions and local responsiveness are low, the appropriate strategy is a global standardization strategy. This strategy focuses on achieving economies of scale by offering standardized products or services to a global market. Companies that adopt this strategy prioritize cost efficiency and aim to offer the same products or services across different markets without customization.