Question: 1 . Pressures for local responsiveness may make it difficult to _ _ _ _ _ _ _ _ _ _ _ _ _ _

1. Pressures for local responsiveness may make it difficult to ______________________________.
Select a response.compete effectively in more than one international marketmonitor and adapt to changing customer tastes in a large number of foreign marketsleverage skills and products associated with a firms core competencies from one country to another
2.__________________________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.
Select a response.Localization strategyInternational strategyTransnational strategy
3.___________________________ is the most appropriate strategy when the firm simultaneously faces strong pressures for both cost reductions and local responsiveness.
Select a response.International strategyTransnational strategyLocalization strategy
4. A firm facing low pressures for local responsiveness and few pressures to contain costs might best pursue a(n)_______________________.
Select a response.international strategylocalization strategytransnational strategy
5. Markets are dynamic, and any firm will face competition. In time, international and localization strategies tend to become less viable, and managers need to ________________________________.
Select a response.orient their companies toward either a global standardization or transnational strategydevelop an appropriate exit strategy to withdraw profitably from markets that become too competitiverevitalize their original strategies with more intense focus to avoid spreading energies too thinly

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