Philips, a multinational electronics corporation based in the Netherlands and diversified in the consumer electronics, domestic appliance, lighting, medical systems and medical technology industries would encounter the following forces of local responsiveness:a. Cultural differences, government demands, and economies of scopeb. Cultural differences, government demands and factor costsc. Cultural differences, government demands, and local competitorsd. Cultural differences, government demands, and increasingly liberalized trade environments

Question

Business

Shyann Duran

15 January, 00:42

Philips, a multinational electronics corporation based in the Netherlands and diversified in the consumer electronics, domestic appliance, lighting, medical systems and medical technology industries would encounter the following forces of local responsiveness:a. Cultural differences, government demands, and economies of scopeb. Cultural differences, government demands and factor costsc. Cultural differences, government demands, and local competitorsd. Cultural differences, government demands, and increasingly liberalized trade environments

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Donovan Schwartz · Answer 1

c. Cultural differences, government demands, and local competitors

Explanation:

Philips organization is multinational organization and it encounters the forces of local responsiveness as follows:

Cultural differences: As it is selling electronics it will remove cultural differences as that arise, because each person irrespective of its culture will use electronics.

Government demands of the country in which the organization is set up has to be met in order to thrive and find extra support from government.

As the company is an outsider to the states it needs to evaluate the local competitors properly in order to thrive and lead in the state of Netherlands.