____ firms give local subsidiaries great leeway to develop and to implement their own strategies.

Question

Quizplus · Accepted Answer

Polycentric firms give local subsidiaries great freedom to customize their strategies and adapt to local markets, while still maintaining overall control and coordination from headquarters. Ethnocentric firms would instead impose the same strategies and practices across all subsidiaries, while global firms typically have a more centralized approach to strategy and decision-making. There is no specific association between this question and French firms, as their approach can vary depending on the company and industry.

____ Firms Give Local Subsidiaries Great Leeway to Develop and to Implement