BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

STRATEGIC MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
It is one of international strategy
A
tactical strategy
B
Growth strategy
C
Global strategy
Explanation: 

Detailed explanation-1: -An international strategy involves the tactics adopted in different countries specific to the markets of those countries whereas, a global strategy is a concept that involves putting together plans that are unique for the worldwide market.

Detailed explanation-2: -Multinational corporations choose from among four basic international strategies: (1) international (2) multi-domestic, (3) global, and (4) transnational.

Detailed explanation-3: -Multinational corporations choose from among three basic international strategies: (1) multidomestic, (2) global, and (3) transnational. These strategies vary in their emphasis on achieving efficiency around the world and responding to local needs.

Detailed explanation-4: -An international business strategy refers to planning and focusing on exporting products and services to foreign markets. It also acts as a guide for commercial transactions that take place between entities in different countries.

Detailed explanation-5: -Global strategy: When businesses define one global brand, making little to zero changes for other markets. Appleā€™s sleek iPhone, Macbook, and iPad are examples of this. While the software and keyboards may be localized, the brand is the same everywhere you go.

There is 1 question to complete.