Which strategy is best for environments where there are clear differences among national and regional markets and there is a low pressure for cost reduction?
A) Home replication strategy
B) Localization strategy
C) Global standardization strategy
D) International strategy

Question

Which strategy is best for environments where there are clear differences among national and regional markets and there is a low pressure for cost reduction? 
A) Home replication strategy 
B) Localization strategy 
C) Global standardization strategy 
D) International strategy

Quizplus · Accepted Answer

The best strategy for environments with clear differences among national and regional markets and where there is low pressure for cost reduction is a localization strategy. This is because a localization strategy allows a company to adapt its product or service to meet the differing needs and preferences of each market. It focuses on adapting to local market conditions rather than imposing a uniform approach across all markets. This helps the company to increase its appeal in each local market and better meet customer demand.

Which Strategy Is Best for Environments Where There Are Clear