Which of the following is true of the international strategies used by multinationals?
A) A firm using a multidomestic strategy sacrifices responsiveness.
B) A firm using a global strategy sacrifices efficiency.
C) A global strategy places high emphasis on being responsive to local requirements within each of its markets.
D) A multidomestic strategy tries to balance the desire for efficiency with the need to adjust to local preferences within various countries.
E) A global strategy stresses the need to gain economies of scale by offering essentially the same products or services in each market.
Correct Answer:
Verified
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