_____ Strategy Maximizes Local Responsiveness by Giving Decentralizing Decision-Making Authority

question 52

Multiple Choice

_____ strategy maximizes local responsiveness by giving decentralizing decision-making authority to local business units in each country so that they can create products and services optimized to their local markets.

• A)Differentiation
• B)Multidomestic
• C)Global
• D)Cost-leadership
• E)Transnational

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Definitions:

Control Charts

Statistical tools used in quality control processes to analyze and understand process variations over time.

Upper Control Limits

The threshold values in statistical quality control that indicate the maximum acceptable variation in a process.

Pareto Analysis

A decision-making technique used for selecting a limited number of tasks that produce significant overall effect, based on the principle that 80% of effects come from 20% of causes.

Vital Few

A principle often associated with the Pareto Principle, indicating that a small number of causes, inputs, or effort usually lead to a majority of the results, outputs, or rewards.