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Gianna Guarino
on Dec 06, 2024

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Which of the international operations strategies involves a focus on low cost reductions and high local responsiveness?

A) international strategy
B) global strategy
C) transnational strategy
D) multidomestic strategy
E) transdomestic strategy

International Operations Strategies

Strategic approaches adopted by businesses to manage and operate their physical and logistical operations across different countries, considering factors such as localization, global standardization, and supply chain management.

Local Responsiveness

The ability of a company or organization to meet the needs and preferences of local markets or environments.

Low Cost Reductions

refers to strategies implemented to decrease expenses in a business operation without significantly impacting product or service quality.

  • Ascertain the influence of globalization on operations management tactics.
  • Understand the link between strategies in operations management and worldwide environmental reactions.
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Simran AroraDec 09, 2024
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