Which of the following is true of a firm using a global strategy to build efficiency across different nations?
A. It tries to balance the desire for efficiency with the need to adjust to local preferences within various countries.
B. It involves reducing diversification of business risk by locating all the business operations in the home country.
C. It stresses the need to gain economies of scale by offering the same products in each market.
D. It sacrifices efficiency.
E. It places heavy emphasis on being responsive to local requirements within each of its markets.
Answer: C. It stresses the need to gain economies of scale by offering the same products in each market.