Which of the Following Ideas Is a Localization Strategy Is

question 13

Multiple Choice

Which of the following ideas is a localization strategy is based on?

• 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:

Cognition-based

Relating to the mental action or process of acquiring knowledge and understanding through thought, experience, and the senses.

Team Leader

An individual who guides, inspires, and coordinates the efforts of a group towards achieving its objectives.

Trust

Confidence or reliance on the character, ability, strength, or truth of someone or something.

Cognition-based

Trust or attitudes that are built on the foundation of one's knowledge, reliability, and perceived competence of another party.