1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Oduvanchick [21]
3 years ago
11

Your firm has been a leader in several lines of fast-moving consumer goods. The firm has been following a localization strategy.

Your products have been distributed in a number of foreign markets and regions, and they are distinct enough in local markets to respond to national tastes and preferences. Competition, however, has become more intense, with many competitors using lower cost structures to undercut your prices and still satisfy your customers. The firm must decide what kind of strategy it needs to follow to meet the demands of the local markets as well as the increased competitive pressures on cost.
a. Pressures for local responsiveness may make it difficult to leverage skills and products associated with a firm's core competencies from one country to another.
b. Localization strategy is the most appropriate strategy when there are substantial differences across nations with regard to consumer tastes and preferences, and where cost pressures are not too intense.
c. Transnational strategy is the most appropriate strategy when the firm simultaneously faces strong pressures for both cost reductions and local responsiveness.
d. A firm facing low pressures for local responsiveness and few pressures to contain costs might best pursue a(n) international strategy.
e. Markets are dynamic, and any firm will face competition. In time, international and localization strategies tend to become less viable, and managers need to orient their companies toward either a global standardization or transnational strategy.
Business
1 answer:
IrinaVladis [17]3 years ago
7 0

<u>The Strategy the firm will adopt is</u> - (d )A firm facing low pressures for local responsiveness and few pressures to contain costs might best pursue a(n) international strategy.

Explanation:

Firms that pursue  global standardization strategy basically  focuses  on increasing their  profitability and profit growth by reaping the cost reductions benefits that come from economies of scale and location economies(i.e.  their strategic goal is to pursue a low-cost strategy on a global scale)

There are three main international strategies namely

(1) multidomestic

(2) global,

(3) transnational

You might be interested in
Explain where on that financial statement you would find the debt information.
dimaraw [331]
Under liabilities as debt is something owed
4 0
3 years ago
All of the following are guidelines for budgeting except:
Serhud [2]

Answer:

B. participatory approach budgets should be prepared using a top-down approach

Explanation:

Option A is incorrect because it is one of the significant guidelines for budgeting.

Option C is a budgeting guideline which helps to differentiate the actual and budgeted amounts.

Option D is an important element to attain the objectives through budgeting. Therefore, it is incorrect.

Option B is the answer as there is no option to prepare the budget using a top-down approach.

8 0
3 years ago
If you're renting a house or apartment, you only need renter's insurance for the first few months.
tensa zangetsu [6.8K]

Answer:

You'll only need renters insurance if your landlord or your building requires it. While not required otherwise, anyone renting any type of residence long-term—be it an apartment or single-family home—should strongly consider purchasing a renters insurance policy.

4 0
3 years ago
As a recent college graduate, Eli started working for an export trading company. His job has already taken him around the globe
Eduardwww [97]

Eli's experience of the differences in the working conditions in the developing nations with the United States is an example of (B) social responsibility differences between similar firms, but in different countries.

<h3>What is corporate social responsibility?</h3>

Corporate social responsibility refers to the approach adopted by entities to respond to social justice in their environments.

Entities engage in corporate social responsibility in four major areas:

  • Environmental Responsibility
  • Ethical Responsibility
  • Philanthropic Responsibility
  • Economic Responsibility.

<h3>Question Completion with Answer Options:</h3>

(A) corporate philanthropy differences in different countries.

(B) social responsibility differences between similar firms, but in different countries.

(C) the difference in corporate social initiatives in foreign nations.

(D) the need for whistleblowers abroad.

Thus, Eli's experience of the differences in the working conditions in the developing nations with the United States is an example of (B) social responsibility differences between similar firms, but in different countries.

Learn more about corporate social responsibilities at brainly.com/question/1373962

#SPJ12

4 0
2 years ago
Consumers' affinity for sports brands may be immune to threats other brands face, such as competition for attention and switchin
mihalych1998 [28]

Answer:

True

Explanation:

Consumers mainly sports persons natural liking for their favourite sports brand exists. Sports persons like to buy and wear their favourite brand of shoes, clothed and apparels.

                   These brands remained immune to threats from other the rival brands because they remain the favourite of the respective sports persons. In other words they remain safe.

                  The sport person like to wear these brands and perform in the competition. But when the performance does not meet the sports person's expectations, they try to switch brands and go for some other brands.

Thus the answer is True.

7 0
3 years ago
Other questions:
  • To reduce a current account deficit, a country must increase its private saving, reduce domestic investment, or cut its governme
    6·1 answer
  • Peyton's Palace has net income of $13.4 million on sales revenue of $114 million. Total assets were $80 million at the beginning
    8·1 answer
  • Choose all answers that apply.
    11·2 answers
  • An unexpected increase in aggregate demand typically causes
    14·1 answer
  • Alex Guadet of Nashville, Tennessee, has been renting a two-bedroom house for several years. He pays $900 per month in rent for
    6·1 answer
  • Beech Soda, Inc. uses a perpetual inventory system. The company's beginning inventory of a particular product and its purchases
    13·1 answer
  • A group of young patrons come into the venue after a sports event. They are loud and excited, celebrating a win for their team.
    6·1 answer
  • The trading securities portfolio of Jerome, Inc., had a total cost of $3,000 and a fair value of $2,800 on December 31, which is
    13·1 answer
  • How are disruptive technologies driving the face of entrepreneurship?
    5·1 answer
  • The accounting measure of a firm's stock price is called ________. book value market value liquidation value tobin's q
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!