When firms expand into global markets, they are faced with t…

When firms expand into global markets, they are faced with the choice of reducing costs and/or adapting to the local market. When high pressures exist to lower costs, companies should choose a(n)________ strategy or________ strategy in order to compete in the global marketplace.

Polaris, a manufacturer of snowmobiles, motorcycles, watercr…

Polaris, a manufacturer of snowmobiles, motorcycles, watercraft, and off-road vehicles, shares manufacturing operations across its businesses. It also has a corporate research and development facility and staff departments that support all the Polaris operating divisions. This is an example of creating value by using________ diversification to acquire________ of________.