Which of the Following Statements Best Describes Local Responsiveness

question 35

Multiple Choice

Which of the following statements best describes local responsiveness?

• A) The process of producing goods in one country and selling them in another
• B) The need to tailor product and service offerings to fit native consumer preferences and host-country requirements
• C) The belief that consumer needs and preferences throughout the world are converging and thus becoming increasingly homogenous
• D) The additional costs of doing business in an unfamiliar culture and economic environment, and of coordinating across geographic distances

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Definitions:

Performance Deficiency

A shortfall where an individual's or organization's performance fails to meet established standards or expectations.

Processing Time

The duration required to complete a particular process, often used in the context of manufacturing or service delivery.

Customer Orders

Requests or instructions from customers to purchase goods or services from a business.

Analytics

The systematic gathering and processing of data to make informed decisions.