Which of the following factors increases pressures for local responsiveness?
A) Differences in customer tastes and preferences
B) Persistent excess capacity
C) Low-cost competitors
D) Powerful buyers
E) High international trade barriers

Question

Quizplus · Accepted Answer

Differences in customer tastes and preferences vary from region to region, which increases pressures for local responsiveness. Localizing products and services to cater to local preferences may result in increased profitability and customer satisfaction. Persistent excess capacity, low-cost competitors, powerful buyers, and high international trade barriers may also impact international business, but they may not necessarily increase pressures for local responsiveness.

Which of the Following Factors Increases Pressures for Local Responsiveness