Question: Thinking globally, why is it generally more difficult to both reduce costs and be locally responsive? [ Objective 1 2 . 1 Local responsiveness usually

Thinking globally, why is it generally more difficult to both reduce costs and be locally responsive? [Objective 12.1 Local responsiveness usually raises costs Cost reductions often miss the market Local responsiveness means adapting products and management to local markets , which does not lead to economies of scale A focus on cost reduction leads to product-oriented thinking by treating all markets as the same All of the above

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