Global Standardization Strategy Quiz
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Questions and Answers

What is one way the global standardization strategy increases profitability?

  • Establishing an incentive system for local employees (correct)
  • Encouraging local employees to work remotely
  • Providing extensive training in multiple languages
  • Implementing a complex hierarchical organizational structure
  • Which factor contributes to profit growth in the global standardization strategy?

  • Reaping the cost reductions from economies of scale (correct)
  • Focusing solely on high-cost locations
  • Ignoring the skill development of foreign employees
  • Paying above-market wages to local employees
  • What does the global standardization strategy aim to leverage for profit growth?

  • Skills unrelated to the core business activities
  • Skills developed by competitors
  • Skills developed in foreign operations (correct)
  • Skills only developed in domestic operations
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