Which of the following is a disadvantage for firms that pursue a global strategy?
A) lack of control over subsidiaries
B) limited knowledge transfer between individual subsidiaries
C) lack of interest in obtaining additional knowledge about foreign operations
D) inability to control decentralization
E) inability to react to local market conditions

Question

Quizplus · Accepted Answer

A global strategy often involves standardizing products and services across different markets, which can limit a firm's flexibility and responsiveness to local market conditions and preferences.

Which of the Following Is a Disadvantage for Firms That