The Emphasis on Local Responsiveness in Firms Pursuing a Localization

question 29

Multiple Choice

The emphasis on local responsiveness in firms pursuing a localization strategy creates strong pressures for

• A) centralizing all decisions regarding marketing, R&D, and human resource management.
• B) decentralizing operating decisions to foreign subsidiaries.
• C) centralizing all operating decisions.
• D) global learning.

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Definitions:

Environmental Factors

denote external elements like climate, economic conditions, and social settings that influence living and working conditions and can impact health, behaviors, and business operations.

Creativity

The ability to generate new, unique, or innovative ideas, solutions, or approaches.

Promoting Creativity

The act of encouraging or facilitating the ability to generate innovative ideas, approaches, or solutions.

Work Group Support

The assistance, encouragement, and resources provided by members within a group to each other to achieve collective goals and enhance individual performance.