Local responsiveness makes local customers and governments happy and helps decrease costs.
2.The integration-responsiveness framework allows managers to deal with the pressures for both global integration and local responsiveness.
3.Cost pressures often push MNEs to adapt locally.
4.The home replication strategy duplicates home country-based competencies in foreign countries.
5.A localization strategy is effective when differences among national and regional markets are clear, and pressures for cost reductions are low.
6.The global standardization strategy lacks local responsiveness.
7.The global standardization strategy, despite its complexity, is still the best option at being cost effective, locally responsive, and learning-driven.
8.MNEs that engage in a transnational strategy promote global learning.
9.Innovations only flow from the host countries to the home country in a transnational strategy.
10.The transnational strategy is usually the easiest strategy for an MNE to implement and the first one adopted when the firm ventures abroad.
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