The pressure to reduce costs is one of the reasons a firm may prefer a common global strategy rather than one tailored to individual markets.

Question

Quizplus · Accepted Answer

Managers may have several reasons to want or need a common global strategy,rather than one tailored to individual markets.These factors include the existence of universal needs,pressures to reduce costs,or the presence of competitors with a global strategy.

The Pressure to Reduce Costs Is One of the Reasons