The multidomestic OM strategy maximizes local responsiveness while achieving a significant cost advantage.

Name: The multidomestic OM strategy maximizes local responsiveness while achieving a significant cost advantage.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The multidomestic strategy focuses on maximizing local responsiveness, often at the expense of cost efficiencies. It does not typically achieve a significant cost advantage because it involves customizing products and services to each local market, which can increase costs.

The Multidomestic OM Strategy Maximizes Local Responsiveness While Achieving a Significant