Which Strategy Focuses on Increasing Profitability by Customizing the Firm's

question 22

Multiple Choice

Which strategy focuses on increasing profitability by customizing the firm's goods or services so they provide a good match to tastes and preferences in different national markets?

• A) Global standardization strategy
• B) Transnational strategy
• C) Localization strategy
• D) International strategy

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Definitions:

Cape Canaveral

A prominent Cape in Florida, known for being a major site of satellite launches and space missions.

Zoos

Facilities where animals are housed within enclosures, displayed to the public, and often bred for conservation purposes.

Sacajawea

A Lemhi Shoshone woman who is best known for her role as an interpreter and guide during the Lewis and Clark Expedition.

Lewis and Clark

Explorers Meriwether Lewis and William Clark, who led the early 19th-century expedition across the western United States to explore territories acquired in the Louisiana Purchase.