Which of the international operations strategies involves high cost reductions and high local responsiveness?

A) international strategy
B) global strategy
C) transnational strategy
D) multidomestic strategy
E) transdomestic strategy

High Cost Reductions

Strategic measures aimed at significantly lowering the expenses incurred by a business or organization.

Transnational Strategy

A multinational corporation’s approach that combines global integration with local responsiveness.

Local Responsiveness

Local responsiveness is a strategy whereby companies adapt their products, services, and operations to meet the specific demands and preferences of local markets.