A ________ strategy typically increases the cost structure for international companies and forces them to charge higher prices to recover such costs.
A) retrenchment
B) global
C) multidomestic
D) blue ocean

Question

Quizplus · Accepted Answer

The multidomestic strategy involves customization of products and services to meet the unique needs and preferences of local markets. This often increases the cost structure for international companies as they have to adapt their products, marketing strategies, and supply chain to the specific needs of different regions or countries. As a result, companies using this strategy may need to charge higher prices to recover such costs.

A ________ Strategy Typically Increases the Cost Structure for International