A multinational that allows a subsidiary a high degree of independence and provides tailored products or services for the local market they serve is using a __________ strategy.

Question

Quizplus · Accepted Answer

A multidomestic strategy is characterized by high subsidiary independence and tailored products or services to local markets. This allows subsidiaries to adapt to local conditions and preferences, which can lead to a competitive advantage over more centralized competitors. Regional, global, transnational, and international strategies all involve varying degrees of centralization and standardization of products or services across different markets.

A Multinational That Allows a Subsidiary a High Degree of Independence