Foreign subsidiaries play a major role in shaping the future direction of a company pursuing a(n)
A) transnational strategy.
B) international strategy.
C) localization strategy.
D) joint venture.
E) global standardization strategy.

Question

Quizplus · Accepted Answer

Foreign subsidiaries are essential in a transnational strategy, which focuses on balancing global integration and local responsiveness. As such, they play a critical role in shaping the corporate strategy and direction of the company.

Foreign Subsidiaries Play a Major Role in Shaping the Future