GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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There are ____ key strategies to seeking domestic and global opportunities
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3
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4
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5
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6
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Explanation:
Detailed explanation-1: -The two dimensions result in four basic global business strategies: export, standardization, multidomestic, and transnational.
Detailed explanation-2: -There are three main international strategies available: (1) multidomestic, (2) global, and (3) transnational (Figure 7.23 “International Strategy”).
Detailed explanation-3: -we can consider four aspects of strategy: (1) scope of operations, (2) resource allocation, (3) competitive advantage, and (4) synergy. The first component encompasses the geographic locations-countries and regions-of possible operations as well as possible markets or niches in various regions.
Detailed explanation-4: -International. Multi-domestic. Global. Transnational.
There is 1 question to complete.