A strategy by which a firm tries to capitalize on both local responsiveness and global efficiency is referred to as ________ configuration.

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The transnational configuration is a type of organizational structure that attempts to balance the need for local responsiveness with the need for global efficiency. In a transnational company, decision-making is decentralized, and subsidiaries are given a significant amount of autonomy to adapt to local market conditions. At the same time, there is a strong emphasis on global integration and knowledge sharing to ensure that the company can leverage its resources and capabilities across different markets. This configuration is different from a multinational configuration, where each subsidiary operates independently, and an international configuration, where operations are centralized at the corporate headquarters. The global configuration is similar to the transnational configuration but may have less emphasis on local responsiveness.

A Strategy by Which a Firm Tries to Capitalize on Both