Which of the following strategies can an organization use to respond to pressures for local responsiveness?
A) International
B) Unrelated diversification
C) Global
D) Multidomestic

Question

Quizplus · Accepted Answer

Multidomestic strategy is the best choice to respond to pressures for local responsiveness. This strategy allows for tailoring products and services to meet the specific needs and preferences of local markets, which is essential in highly diverse and culturally unique markets. It involves decentralization of decision-making, where subsidiaries are given autonomy to adapt to local market conditions and pressures, thereby enhancing their responsiveness to local customers.

Which of the Following Strategies Can an Organization Use to Respond