When cost pressures are low and the pressures for local responsiveness are high a(n)_____________ strategy is the most appropriate.
A) multidomestic
B) global
C) transnational
D) international
E) multinational

Question

Quizplus · Accepted Answer

When cost pressures are low and the pressures for local responsiveness are high, companies have to focus on adapting to the local market demands and preferences, and that's where a multidomestic strategy is the most apt. A multidomestic strategy aims to optimize the company's performance by tailoring products and services, marketing, and operations to fit the specific needs of each local market. This allows the company to attain a high level of local responsiveness, which is crucial for success in such markets.

When Cost Pressures Are Low and the Pressures for Local