The emphasis on local responsiveness in firms pursuing a local responsiveness strategy creates strong pressures for:

Question

Quizplus · Accepted Answer

Pursuing a local responsiveness strategy means that the firm is trying to adapt its products or services to meet the specific needs of the local market. This requires a deep understanding of the local market and its particular characteristics, which is best achieved by decentralizing operating decisions to foreign subsidiaries. However, centralizing all decisions would hinder the firm's ability to adapt to local conditions, so a balance must be struck between centralization and decentralization.

The Emphasis on Local Responsiveness in Firms Pursuing a Local