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Which of the following is a disadvantage for both home replication and global Standardisation strategy?A disadvantage of this strategy is that it suffers from lack of local responsiveness, which may result in a loss of foreign customers as a result of foreign customer alienation. Following a home replication strategy, an international division structure fits best.
When an MNE is locally responsive?Local responsiveness strategy means that MNEs and foreign subsidiaries need to understand local market conditions, variations in consumer tastes and demands in segmented markets, and to respond to different national standards and regulations imposed by autonomous governments and agencies (Bartlett & Ghosbal, 1989; ...
Is a neutral third party intermediary?A third-party neutral is a person, such as a mediator, arbitrator, conciliator or evaluator, who assists the parties, represented or unrepresented, in the resolution of a dispute or in the arrangement of a transaction.
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