A firm facing low pressures for cost reductions and low pressures for local responsiveness is most likely to follow ________ strategy.

Question

Quizplus · Accepted Answer

There are multinational firms that find themselves in the fortunate position of being confronted with low cost pressures and low pressures for local responsiveness. Many of these enterprises have pursued an international strategy, taking products first produced for their domestic market and selling them internationally with only minimal local customization.

A Firm Facing Low Pressures for Cost Reductions and Low