Companies pursuing a home replication strategy typically centralize product development functions in their home country and then transfer innovations to foreign markets in order to capture additional value.

Question

Quizplus · Accepted Answer

This statement accurately describes the characteristics of a home replication strategy, where a company focuses on developing products at their home base and then distributes them to foreign markets. This approach allows the company to maintain control over product development and potentially increase profits by leveraging economies of scale in their home market.

Companies Pursuing a Home Replication Strategy Typically Centralize Product Development