What is the best way to achieve the efficiency potential of a global strategy?
A) It demands managerial attention to be focused on objective-setting specifically oriented toward production practices.
B) It requires that resources and best practices be shared, value chain activities be integrated, and capabilities be transferred from one location to another as they are developed.
C) It requires that the best identified resources and capabilities be centralized at headquarters.
D) It requires value chain activities to be dispersed across many countries to elevate cost control management as a primary focus in all countries.
E) It requires giving local managers considerable latitude for executing strategies for the country markets they are responsible for.

Question

Quizplus · Accepted Answer

The best way to achieve the efficiency potential of a global strategy is by sharing resources and best practices, integrating value chain activities, and transferring capabilities from one location to another as they are developed. This allows the organization to achieve economies of scale, reduce duplication of efforts, and optimize its production practices on a global scale. It also helps the organization to leverage its unique strengths and capabilities across different markets, improving its competitiveness and profitability. Thus, option B is the best choice for achieving the efficiency potential of a global strategy.

What Is the Best Way to Achieve the Efficiency Potential