Companies that pursue which of the following strategies are trying to develop a business model that simultaneously achieves low costs, differentiates the product offering across geographic markets, and fosters a flow of skills between different subsidiaries in the company's global network of operations?
A) Transnational
B) Downsizing
C) Centralization
D) Localization
E) Global standardization

Question

Quizplus · Accepted Answer

The transnational strategy aims to balance cost savings with the ability to differentiate products and services across geographic markets. This strategy promotes a flow of skills and knowledge between different subsidiaries in a company's global network of operations, enabling the organization to innovate and respond quickly to changes in local markets. Down sizing, centralization, localization, and global standardization do not address these objectives simultaneously.

Companies That Pursue Which of the Following Strategies Are Trying