İşletme Yönetimi Deneme Sınavı Sorusu #368804
Which of the following is true for the Global- standardization strategy?
It’s very common in the industrial markets and network organizations. |
This strategy results from the combination of low pressure for cost reductions and high pressure for local responsiveness. |
Companies adopting this strategy are rarely organized as networks. |
Companies in the PC, smartphones, and automobile industries don’t prefer this strategy. |
This strategy is not suitable for the companies that are highly isolated from the local differences. |
A global-standardization strategy is composed of achieving significant economies of scale and low cost inputs by pursuing a global division of labor based on wherever best-of-class capabilities reside at the lowest cost. This strategy results from the combination of high pressure for cost reductions and low pressure for local responsiveness. Companies adopting this strategy are often organized as networks, such as companies in the PC, smartphones, and automobile industries. This lets them strive for the lowest-cost position possible. Besides, industrial products, such as screws, nuts, and bolt, are ideal for a global-standardized strategy, since they are highly isolated from the local differences.
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