Examveda
Examveda

In __________ strategy firms try to achieve a high levels of local responsiveness by making their product or service offering to the requirement of the countries they operate

A. Global

B. Multidomestic

C. International

D. Transnational

Answer: Option B

Solution(By Examveda Team)

In Multidomestic strategy firms try to achieve a high levels of local responsiveness by making their product or service offering to the requirement of the countries they operate. A multidomestic strategy is an international marketing approach that chooses to focus advertising and commercial efforts on the needs of a local market rather than taking a more universal or global approach.

This Question Belongs to Management >> Strategic Management

Join The Discussion

Related Questions on Strategic Management