Advantages of Following a Strategy of Local Responsiveness Include the ________

question 63

Multiple Choice

Advantages of following a strategy of local responsiveness include the ________.

• A)improved ability to transfer skills to employees in different locations
• B)opportunity to adopt a global advertising program
• C)ease in standardizing manufacturing methods across countries
• D)flexibility to apply location-specific skills to local opportunities

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Definitions:

Situational Influence

External factors or circumstances that can affect an individual's decision-making process and behavior in specific situations.

Social Surroundings

The societal and cultural factors that influence individuals' behavior, preferences, and interactions within a community or society.

Physical Surroundings

The environmental factors or conditions in a specific location that can affect individuals' behaviors, experiences, and interactions.

Market Leader

A company that has the largest market share in a given industry, dominating the competition in terms of sales, innovation, or brand recognition.