A Localization Strategy Is Based on Which of the Following

question 32

Multiple Choice

A localization strategy is based on which of the following ideas?

• 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:

Management Function

Key activities such as planning, organizing, leading, and controlling that managers perform to efficiently and effectively coordinate the use of resources to achieve organizational goals.

Employees' Morale

The overall attitude, satisfaction, and outlook of employees within an organization, affecting productivity and loyalty.

Management Function

Actions such as planning, organizing, leading, and controlling undertaken by managers to achieve organizational goals.

Open Discussions

Conversations where participants feel free to express their thoughts, opinions, and questions in a non-restrictive environment.