International strategies and structures Flashcards
1
Q
Multidomestic Company
A
- global strategy
- local responsiveness
- decentralised
- adapts products to local needs
2
Q
Global Company
A
- global strategy
- economy of scale and efficiency
- centralised
- standardise products for cost efficiency
3
Q
International Company
A
- Global strategy
- economy of scale and efficiency
- centralised but partly delegation
- balance global integration with local adaptation
4
Q
Transnational Company
A
- global integration
- local responsiveness
- Matrix -> combination of centralised and decentralised
- balance standardisation and adaptation