The High Costs Due to Duplication of Efforts in Multiple

question 86

Multiple Choice

The high costs due to duplication of efforts in multiple countries is a disadvantage of a:

• A)​Global standardization strategy.
• B)​Localization strategy.
• C) ​Home replication strategy.
• D) ​None of the above.

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Definitions:

Maximise

To maximize something to its utmost potential or level.

Input

The resources such as labor, materials, and capital used in the production process to produce output.

Profit

The financial surplus remaining after all expenses have been deducted from total revenue, indicative of the financial success of a business operation.

Commodity

An essential commodity employed in business activities that is substitutable with other commodities of the identical category.