Firms pursuing a multidomestic strategy require ____ in their corporate structure.

Question

Quizplus · Accepted Answer

Multidomestic strategies involve decentralization because it allows each subsidiary to have autonomy and adapt to local markets. This allows for greater responsiveness to local customers and markets, but also means less coordination and integration among country markets. Therefore, fewer integrating mechanisms and lower formalization are necessary.

Firms Pursuing a Multidomestic Strategy Require ____ in Their Corporate