A localization strategy is effective when differences among national and regional markets are clear,and pressures for cost reductions are low.

Question

Quizplus · Accepted Answer

A localization strategy is effective in scenarios where there are clear differences among national and regional markets, as it allows a company to tailor its products or services to meet the specific needs and preferences of each market. This strategy is most viable when the pressure for cost reductions is low, allowing the company to focus on adapting its offerings without the need to heavily standardize for cost efficiency.

A Localization Strategy Is Effective When Differences Among National and Regional