Examlex
Which of the international operations strategies involves a focus on high cost reductions and low local responsiveness?
Hierarchy
A system or organization in which people or groups are ranked one above the other according to status or authority.
Centralization
The concentration of decision-making authority at the upper levels of an organization.
Specialization
The process of focusing on and becoming expert in a specific area of knowledge or activity.
Differentiation
The process of identifying and emphasizing the unique characteristics or features of a person, product, or organization.
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