Which of the following is one of the features of an international strategy?
A) It is characterized by limited local responsiveness.
B) It is one of the newest types of global strategies.
C) It is characterized by cost-leadership as a preferred business strategy.
D) It is often used successfully by firms with relatively small domestic markets.

Question

Quizplus · Accepted Answer

An international strategy is essentially a strategy in which a firm sells the same products or services in both domestic and foreign markets. A strength of the international strategy-its limited local responsiveness-is also a weakness in many industries.

Which of the Following Is One of the Features of an International