Which of the Following Strategies Is Most Likely to Pursued

question 15

Multiple Choice

Which of the following strategies is most likely to pursued by a firm when there are strong pressures for cost reductions and demands for local responsiveness are minimal?

• A) Domestic strategy
• B) Global standardization strategy
• C) International strategy
• D) Transnational strategy
• E) Nationalization strategy

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Definitions:

Amazon

A multinational technology company primarily known for its e-commerce platform, cloud computing services, digital streaming, and artificial intelligence.

Proprietary, On-premise

This term describes software that is owned by a specific company and is installed and runs on computers on the premises of the organization using the software, as opposed to being cloud-based.

VMI

Vendor Managed Inventory, a business model in which the supplier of goods, rather than the retailer, is responsible for managing and replenishing inventory.

Walmart And P&G

Two major corporations, Walmart, a retail giant, and Procter & Gamble (P&G), a multinational consumer goods company, known for their strategic partnerships and business relations.