BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

STRATEGIC MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which is not the difference between International strategy and Global strategy?
A
the degree of involvement and separation from the centre
B
the degree in product standardization and adaptation in local business
C
strategy integration and competitive moves
D
B and C are correct
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: -The only answer which does not fit an international strategy is deporting, which is the removal of a person from a country for the violation of immigration law.

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

Detailed explanation-4: -There are three main international strategies available: (1) multidomestic, (2) global, and (3) transnational (Figure 7.23 “International Strategy”).

There is 1 question to complete.