Which of the Following Statements Is True About Localization Strategy

question 34

Multiple Choice

Which of the following statements is true about localization strategy?

• A) It focuses on marketing a standardized product worldwide to achieve cost reductions.
• B) It makes most sense when cost pressures are extremely intense.
• C) It is most appropriate when there are similarities across nations with regard to consumer tastes and preferences.
• D) It involves some duplication of functions and smaller production runs.
• E) It usually relieves companies of the task of closely monitoring their costs.

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Definitions:

Significant Leverage

Refers to the extensive use of borrowed funds to finance the assets of a company, significantly increasing the potential return or loss of an investment.

Hedge Funds

Private investment funds that use a range of strategies, including derivatives, leverage, and short selling, to earn returns for their investors.

Equity Mutual Funds

Mutual funds that primarily invest in stocks with the aim of providing capital growth or income to its investors.

Incentive Bonus

An additional payment or reward given to employees as a motivation for meeting or exceeding specified goals or objectives.