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Prachi Patel
on Oct 31, 2024

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The multidomestic OM strategy maximizes local responsiveness while achieving a significant cost advantage.

Multidomestic OM Strategy

A strategy in operations management where a company customizes its products or services to meet the specific needs of each country or region it operates in.

Local Responsiveness

The ability of a company or organization to tailor its products, services, and operations to meet the specific needs of local markets.

Cost Advantage

The benefit or saving realized from lower production or operational expenses compared to competitors.

  • Assess the consequences of globalization on the approach to operations strategy.
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Britney PonichNov 02, 2024
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