BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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give less authority to subsidiaries to make decisions
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close the subsidiary
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move the subsidiary to another country
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give more authority to subsidiaries to make decisions
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Detailed explanation-1: -The two broad types of subsidiary-level strategy are: a) support and implementation, and autonomous subsidiaries. b) support and implementation, and integrated subsidiaries.
Detailed explanation-2: -A global strategy is a plan to help a company grow from an international business (which sells products or services in other countries) to a global business that operates facilities like factories and distribution centres around the world.
Detailed explanation-3: -Transnational Strategy: It is a marketing strategy, which is being used by multinational companies. The aim of this strategy is to find the right balance between standardization and local adaptation to countries specific requirements.
Detailed explanation-4: -Global strategy: When businesses define one global brand, making little to zero changes for other markets. Apple’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.