Darvin Foods is an MNE that is in the process of revising its international business strategy.Most of the firm's top executives believe that Darvin should implement a localization strategy.Which of the following conditions would most likely support this type of strategy?

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A localization strategy is best suited for a company that needs to be highly responsive to local markets and customer preferences, while not necessarily needing to reduce costs through global integration. This is because a localization strategy focuses on tailoring products and services to meet local customer needs, which often requires greater customization and adaptation to local market conditions. In contrast, a global integration strategy emphasizes standardization and efficiency to minimize costs across multiple markets. Therefore, a company with a high need for local responsiveness and a low need to reduce costs via global integration would be most likely to benefit from a localization strategy.

Darvin Foods Is an MNE That Is in the Process