Which of the International Operations Strategies Involves High Cost Reductions

question 40

Multiple Choice

Which of the international operations strategies involves high cost reductions and high local responsiveness?

• A) international strategy
• B) global strategy
• C) transnational strategy
• D) multidomestic strategy
• E) transdomestic strategy

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Definitions:

Silk Road

An ancient network of trade routes that connected the East and West, facilitating not only the exchange of goods but also ideas and cultures.

Ocean

A vast body of salt water that covers approximately 71% of the Earth's surface, divided into five major oceans.

Working Class

A socioeconomic group consisting of individuals engaged in manual labor or industrial work, often recognized for their role in the production process and the economy.

Political Power

The ability or capacity of a person or group to influence or control the actions, policies, or decisions of others, typically within a governmental or organizational context.