What best describes the approach of a multinational corporation?

The approach of a multinational corporation is best described by global integration with local responsiveness. This concept illustrates how multinational corporations balance their strategies by integrating their operations and resources across different countries while simultaneously adapting to the unique cultural, economic, and regulatory environments of each local market.

The ability to operate on a global scale allows these corporations to leverage efficiencies, share knowledge, and optimize resources. However, local responsiveness is essential, as consumer preferences, market conditions, and business practices can vary significantly across regions. This dual focus enables multinational companies to remain competitive on the global stage while adequately addressing the specific needs and demands of customers in individual markets.

The other options represent more limited or simplistic strategies. Focusing only on local markets disregards the potential for growth and resource optimization that global integration provides. A centralized approach suggests that operations are conducted solely from one country, which would inhibit responsiveness to local market dynamics. Similarly, a single market strategy implies operating solely within one geographic area, lacking the benefits of a diversified, global presence. Thus, the correct answer encompasses the multifaceted strategy that characterizes successful multinational corporations.