Firms that pursue a(n) ________ strategy focus on increasing profitability and profit growth by reaping the cost reductions that come from economies of scale, learning effects, and location economies.

Question

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A global standardization strategy focuses on increasing profitability and profit growth by leveraging economies of scale, learning effects, and location economies to reduce costs.

Firms That Pursue A(n) ________ Strategy Focus on Increasing Profitability