Which is a characteristic of a transnational strategy?

A transnational strategy is characterized by its dual focus on achieving global efficiency while simultaneously being responsive to local markets. Companies implementing this type of strategy aim to balance the benefits of global integration—such as cost reduction and standardized products—with the need for local adaptation to meet customer preferences and market conditions. This allows businesses to leverage economies of scale and share best practices across borders, while also tailoring offerings to specific regional needs, thus enhancing competitiveness on a global scale.

The other options highlight characteristics that do not align with a transnational approach. Central management focus typically relates to a more centralized or global strategy that may not prioritize local responsiveness. Emphasizing national borders contradicts the essence of transnational strategies, which seek to transcend these borders. Lastly, strictly domestic production runs counter to the transnational model, which thrives on international operations and global market engagement.