The Upside of Using a Localization Strategy Is That a Company

question 27

True/False

The upside of using a localization strategy is that a company can charge a higher price because the value achieved by local customization and greater local demand allows the company to reduce costs by attaining scale economies in the local market.

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Definitions:

Universal Preschool

An educational initiative aimed at providing preschool education to all children, regardless of their family's income or socio-economic status.

Free Half Day

Free half day usually refers to programs offering educational or childcare services without cost to the participants for a part of the day, commonly found within early childhood education settings.

Quality Programs

Initiatives or plans designed to enhance the standard of products, services, or education through specific guidelines or measures.

Higher Standards

Expectations or benchmarks that are set above current norms or average levels, often aimed at encouraging improved performance or quality.