XYZ is an international corporation that has recently changed its philosophy.It has decentralized management and decision making to the local countries in which it operates.XYZ is pursuing a ________ approach.
A)natural global
B)multidomestic
C)global
D)multicultural
E)intra-governmental

Question

Quizplus · Accepted Answer

The scenario suggests that XYZ corporation has decentralized management and decision-making to local countries, indicating that it is following a multidomestic approach. In this approach, companies tailor their products, services, and marketing strategies to meet the needs and preferences of local markets.

XYZ Is an International Corporation That Has Recently Changed Its