Question: Pressures for local responsiveness may make it difficult to ______________________________. compete effectively in more than one international market 2. __________________________is the most appropriate strategy when

Pressures for local responsiveness may make it difficult to ______________________________. compete effectively in more than one international market 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. International strategy 3. ___________________________ is the most appropriate strategy when the firm simultaneously faces strong pressures for both cost reductions and local responsiveness. Transnational strategy 4. A firm facing low pressures for local responsiveness and few pressures to contain costs might best pursue a(n) _______________________. transnational 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 ________________________________

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