A company's overall geographic strategy should be flexible enough to ________.
A) implement concentration strategies instead of diversification strategies
B) respond to new opportunities and withdraw from less profitable ones
C) import from anywhere in the world to a single production location
D) export anywhere in the world from a single production location

Question

Quizplus · Accepted Answer

A company's overall geographic strategy should be flexible enough to respond to new opportunities and withdraw from less profitable ones. This means that the company should be able to adapt its geographic focus to changing market conditions and stay competitive. Implementation of concentration or diversification strategies, import from a single location or export to a single location may not always be the best option for the company's long-term success.

A Company's Overall Geographic Strategy Should Be Flexible Enough to ________