Global strategy would said to be the best strategy as it means the process of ex
ID: 373118 • Letter: G
Question
Global strategy would said to be the best strategy as it means the process of expanding and competing in global markets so the company can offer its products in 50 countries by global strategy which would include the services providing in all the countries
The multidomestic strategy or transnational strategy won't fit for this kind of selling as the multidomestic strategy means strategy which the company uses to maximize its local responsiveness by offering their products to meet different National conditions which means it does not work internationally and transnational strategy means the plans and the actions of private companies to increase the goal of Profit so only Global strategy fits for selling products as it focuses on the type of marketing or selling
Explanation / Answer
Strategy for a multinational company selling products in some 50 countries around the world. If your company product is large home appliances such as washing machines, rangers, ovens and refrigerators would it set to make more sense to pursue a multidomestic strategy , or a transnational strategy or a global strategy?
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