Which of the following strategies indicates an MNC seeks both cost reduction and local responsiveness?
A) Global standardization strategy
B) Multi-domestic strategy
C) Transnational strategy
D) Home replication strategy

Question

Quizplus · Accepted Answer

The transnational strategy seeks both cost reduction and local responsiveness by balancing centralized coordination with local flexibility. It combines the benefits of global scale efficiencies and local customization to create a globally integrated but locally responsive organization. The global standardization strategy and home replication strategy prioritize cost reduction over local responsiveness, while the multi-domestic strategy prioritizes local responsiveness over cost reduction.

Which of the Following Strategies Indicates an MNC Seeks Both