Which of the international operations strategies involves high cost reductions and high local responsiveness?
A) international strategy
B) global strategy
C) transnational strategy
D) multidomestic strategy
E) worldwide strategy

Question

Quizplus · Accepted Answer

The transnational strategy combines high cost reductions and high local responsiveness. It aims to achieve global efficiency, local responsiveness, and organizational learning. This strategy involves capitalizing on economies of scale, leveraging knowledge and resources globally, and adapting products and services to meet local needs. The other strategies may have a focus on either cost reduction or local responsiveness but not both simultaneously.

Which of the International Operations Strategies Involves High Cost Reductions