Multinational Corporations Using the _____ Approach to Strategic Planning Are

question 53

Multiple Choice

Multinational corporations using the _____ approach to strategic planning are country-responsive; their approach is designed to protect local market niches.

• A) administrative coordination
• B) economic imperative
• C) quality imperative
• D) political imperative

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Definitions:

Marketing Success

The achievement of marketing objectives such as increased sales, market share growth, or enhanced brand awareness.

Increased Synergies

The enhanced value or performance resulting from the combination of two or more elements, teams, or businesses, which is greater than the sum of their individual effects.

Customers

Customers are individuals or entities that purchase goods or services from a business.

Mass Customization

A business strategy that combines the efficiency of mass production with the personalization of custom-made products, allowing for large-scale manufacturing of customized items.