Asked by
Alleyah Melendez
on Oct 22, 2024Verified
A(n) ___ views the world as one large market, trying as much as possible to standardize products and their advertising for use everywhere.
A) globalization strategy
B) domestic strategy
C) multidomestic strategy
D) transnational strategy
E) consolidation strategy\
Globalization Strategy
A plan implemented by businesses to expand their operations and market presence on a global scale.
Standardize Products
Refers to the process of making products uniform or consistent in quality and performance to ensure they meet specified standards.
- Understand various strategic approaches businesses can adopt in global and local markets.
- Identify the distinctions and similarities between multinational approaches like multidomestic, transnational, and global strategies.
Verified Answer
RT
Learning Objectives
- Understand various strategic approaches businesses can adopt in global and local markets.
- Identify the distinctions and similarities between multinational approaches like multidomestic, transnational, and global strategies.
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