A(n)_____ strategy makes sense when a firm faces high pressures for cost reductions,high pressures for local responsiveness,and significant opportunities for leveraging valuable skills within a multinational's global network of operations.

Question

Quizplus · Accepted Answer

Firms that pursue a transnational strategy are trying to simultaneously achieve low costs through location economies,economies of scale,and learning effects;differentiate their product offering across geographic markets to account for local differences;and foster a multidirectional flow of skills between different subsidiaries in the firm's global network of operations.

A(n)_____ Strategy Makes Sense When a Firm Faces High Pressures