A strategy that combines global coordination to attain efficiency with flexibility to meet specific needs in various countries is referred to as a
A) domestic strategy.
B) global strategy.
C) transnational strategy.
D) multidomestic strategy.
E) region design strategy.

Question

Quizplus · Accepted Answer

A transnational strategy seeks to achieve global efficiency while also adapting to local needs and preferences. This approach involves coordination and collaboration across different geographic locations, but with an emphasis on flexibility and responsiveness to local markets. It is often seen as a more complex and challenging approach than a strictly global or multidomestic strategy, but can offer significant advantages in today's globalized economy.

A Strategy That Combines Global Coordination to Attain Efficiency with Flexibility