A strategic commitment can be easily reversed and thus only has a short-term impact on multinational enterprises (MNE). The above statement is True False A company is faced with intense pressures for cost reduction if O its major competitors are based in high-cost locations the company is located in a low-cost location. its consumers are weak and face high switching costs. there is persistent excess capacity in the entire industry. Responding to pressure for requires that a firm differentiate its products and marketing strategy from country to country, even though it may raise costs. being locally responsive cost reductions experience effects lowering the costs of value creation