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:

Handwashing

The act of cleaning the hands with water and soap to remove dirt, germs, and bacteria, reducing the risk of infection.

Bacteria

Single-celled microorganisms that can exist either as independent (free-living) entities or as parasites, potentially causing disease in host organisms.

Alcohol-Based Products

Products containing alcohol, usually ethyl alcohol, used for various purposes including disinfection, personal care, and as components in certain beverages.

Artificial Nails

Fake nails placed over natural fingernails as a fashion accessory or to protect the nails, but can pose a hygiene risk in healthcare settings.