Firms that operate internationally are able to realize location economies by dispersing individual value creation activities to those locations around the globe where they can be performed most efficiently and effectively.

Question

Quizplus · Accepted Answer

A firm's ability to increase its profitability and profit growth by pursuing these strategies is constrained by the need to customize its product offering,marketing strategy,and business strategy to differing national conditions;that is,by the imperative of localization.

Firms That Operate Internationally Are Able to Realize Location Economies