A disadvantage to the global standardization strategy is that often one size does not fit all, and MNEs who adopt this strategy tend to experience a lack of local responsiveness.

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The global standardization strategy emphasizes standardizing products and services across different markets, but this can overlook important differences in local customer preferences, cultures, regulations, and business environments. As a result, MNEs may struggle to adapt to local demands and miss out on potential opportunities or face resistance from local competitors. The statement is true. Global standardization strategy can lead to a lack of local responsiveness because it assumes that a standardized approach will work well in all markets, which may not always be the case. Different markets may have unique cultural, legal, and economic factors that require a tailored approach.

A Disadvantage to the Global Standardization Strategy Is That Often