A global industry is an industry in which the strategic positions of competitors in major geographic or national markets are affected by their overall global positions.

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In a global industry, a company's strategic position in major markets around the world is a crucial factor affecting its overall competitiveness. This is because global industries are characterized by intense competition, rapid technological change, and a high degree of interdependence among firms operating in different countries. As a result, companies must develop global strategies that take into account the unique market conditions and competitive pressures they face in different regions of the world. Failure to do so can have a significant impact on a company's ability to succeed in the global marketplace.

A Global Industry Is an Industry in Which the Strategic