Which strategy makes most sense when there are strong pressures for cost reductions and minimal demands for local responsiveness?

Question

Quizplus · Accepted Answer

A global standardization strategy is the best choice when there are strong pressures for cost reductions and minimal demands for local responsiveness. This is because this strategy involves offering the same products and services across all markets, allowing for economies of scale and cost savings. Additionally, it minimizes the need for customization and adaptation for local markets.

Which Strategy Makes Most Sense When There Are Strong Pressures