Question

subsidiaries condider regional environment for policy/strategy formulation is known as...
A. Polycentric approach
B. Regiocentric approach
C. Ethnocentric approach
D. Geocentric approach​

Answer 1

Answer:

Subsidiaries consider regional environment for policy / Strategy formulation is known as Regiocentric Approach.

b is correct option

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Answer 2

Answer:

The approach where subsidiaries consider the regional environment for policy/strategy formulation is known as the "regiocentric approach." Option B is the correct answer.

Explanation:

The approach where subsidiaries consider the regional environment for policy/strategy formulation is known as the "regiocentric approach." Option B is the correct answer.

In the regiocentric approach, companies view different regions as distinct markets with unique characteristics, and policies and strategies are developed to suit the needs of each region. This approach combines the benefits of local responsiveness and global integration, making it a popular approach for companies with a multi-regional presence.

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