For truly global industries, a firm's position in one country significantly affects its position elsewhere, so a multi-domestic strategy is required.

Name: For truly global industries, a firm's position in one country significantly affects its position elsewhere, so a multi-domestic strategy is required.
Brand: Quizplus
Rating: 4.9 (60 reviews)

Question

Quizplus · Accepted Answer

A multi-domestic strategy treats each country as a separate market, focusing on local adaptation rather than leveraging global positions.

For Truly Global Industries, a Firm's Position in One Country