Question

The need to understand the different consumer tastes in segmented regional markets and respond to different national standards and regulations imposed by autonomous governments and agencies is termed:_________
a. national responsiveness.
b. quality administration.
c. strategic quality.
d. global integration.

Answer 1

Answer:

a. national responsiveness.

Explanation:

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.

A multinational corporation (MNC) can be defined as any business that has productive activities in two or more countries.

This ultimately implies that, a multinational corporation (MNC) has a central corporate facility but their products are not coordinated because their respective foreign markets offer unique products and services.

National responsiveness can be defined as the need for multinational corporation (MNC) to respond to the political, economic, and organizational forces that exist in different countries as a result of their similarities and differences in culture, policies, law, and regulations imposed by autonomous governments.

A good national responsiveness would help multinational corporation (MNC) to have a better understanding of the different consumer tastes in the markets they are operating in.