A Localization Strategy Is Based on Which of the Following

question 32

Multiple Choice

A localization strategy is based on which of the following ideas?

• A) There is a convergence in the tastes of consumers in different nations of the world.
• B) There are substantial economies of scale to be realized from centralizing global production.
• C) Consumer tastes and preferences differ among national markets.
• D) There are cost advantages associated with manufacturing a standard product for global consumption.
• E) Competitive strategy should be centralized at the world head office.

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Definitions:

Thinking Type

Describes an individual's preferred method or style of thinking, often categorized by cognitive functions in psychological typologies.

Human Value Orientation

A perspective that prioritizes human values, ethics, and well-being in decisions and actions.

Cultural Misunderstanding

Situations where differences in cultural values, practices, or language lead to misinterpretation or conflict between individuals or groups.

Social Awareness

The ability to understand and respond to the feelings, thoughts, and behaviors of others, acknowledging societal norms and dynamics.