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26 July, 02:34

Which of the following strategies is most likely to be pursued by a firm when there are strong pressures for cost reductions and demands for local responsiveness are minimal? a) Domestic strategy b) Global standardization strategyc) International strategyd) Transnational strategye) Nationalization strategy

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  1. 26 July, 02:41
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    Answer: A) domestic strategy

    Explanation: Domestic strategy is a type of marketing strategy that is particularly used for the domestic purpose that is when a company establishes branch for particular company for the marketing. They don't have a focus on global areas rather than considering only the geographical area in their part.

    They establishes their marketing strategy according to the factors like cultures, need, traditions, demand, preferences etc.
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