Common customer needs,global sources of raw material,and favorable trade policies all lead to
A)An increased focus on local markets.
B)More use of the multidomestic strategy.
C)More use of the local solution to the global-local dilemma.
D)A greater likelihood that companies select global strategies.

Question

Quizplus · Accepted Answer

When common customer needs, global sources of raw material, and favorable trade policies are present, companies are more likely to select global strategies. This is because there is a strong market demand and availability of resources that can be leveraged on a larger scale through a global approach. Additionally, favorable trade policies may reduce tariffs and trade barriers, making it easier to operate globally. Thus, a global strategy is the most appropriate in these circumstances.

Common Customer Needs,global Sources of Raw Material,and Favorable Trade Policies