A process adopted by multinational organizations to formulate effective global strategies after evaluating both internal and external environments is called ________________.
A) Internal factor evaluation
B) Global strategic planning
C) External factor evaluation
D) SWOT analysis

Question

Quizplus · Accepted Answer

Global strategic planning involves evaluating both internal and external factors to formulate effective strategies for multinational organizations. Internal factor evaluation, external factor evaluation, and SWOT analysis are all components of the global strategic planning process but do not encompass the entire process. Therefore, B is the best choice.

A Process Adopted by Multinational Organizations to Formulate Effective Global