When a company faces strong pressures for reducing costs and limited pressure to adapt products for local markets, it should tend to use a:

Question

Quizplus · Accepted Answer

A global strategy is more suitable for a company that faces strong pressures for reducing costs and limited pressure to adapt products for local markets. This strategy involves standardized products and processes across different markets, resulting in economies of scale and cost efficiencies. As the company is not facing significant pressure to adapt its products to local markets, a global strategy could be the best choice to maintain a low cost structure.

When a Company Faces Strong Pressures for Reducing Costs and Limited