Western European and U.S.-based firms find ____ attractive for operations in Central and Eastern Europe.

Question

Quizplus · Accepted Answer

Western European and U.S.-based firms find regional management centers attractive for operations in Central and Eastern Europe because it allows them to have a centralized location for decision-making and coordination, while still maintaining a local presence and adapting to the specific market conditions of each country. Polycentrism, global mandates, and functional organizations are also strategies for operating in international markets, but they may not be as well-suited for the diverse and rapidly changing markets of Central and Eastern Europe.