Some multinational enterprises (MNEs)attempt to reap significant economies of scale and location economies by pursuing an international division of labor based on wherever best-of-class capabilities reside at the lowest cost.This is known as a(n)_____ strategy.
A) international
B) multidomestic
C) global-standardization
D) localization

Question

Quizplus · Accepted Answer

MNEs following a global-standardization strategy attempt to reap significant economies of scale and location economies by pursuing a global division of labor based on wherever best-of-class capabilities reside at the lowest cost.

Some Multinational Enterprises (MNEs)attempt to Reap Significant Economies of Scale