When the firm simultaneously faces both strong cost pressures and strong pressures for local responsiveness, the ideal strategy to follow is the transnational strategy.

Question

Quizplus · Accepted Answer

The transnational strategy aims to balance cost-effectiveness and local responsiveness, making it an ideal strategy to adopt when facing both strong cost pressures and strong pressures for local responsiveness simultaneously.

When the Firm Simultaneously Faces Both Strong Cost Pressures and Strong