Two strategic focal points for expansion are
A)globalization and privatization.
B)globalization and localization.
C)globalization and internationalization.
D)globalization and nationalization.

Question

Quizplus · Accepted Answer

Globalization and internationalization are the best strategic focal points for expansion as they involve entering new international markets and adapting products and strategies to fit local needs and preferences. This can help a company diversify its revenue streams and reduce dependency on any one market or country. Privatization and nationalization, while potentially impactful, are not strategic focal points for expansion as they involve transferring ownership and control of assets rather than expanding into new markets. Localization, while important, is not broad enough to be a standalone strategic focal point for expansion.

Two Strategic Focal Points for Expansion Are