Some of the benefits of a global strategy include: Please select all that apply.

Question

Quizplus · Accepted Answer

A global strategy can maximize any available economies of scale by utilizing the same resources, suppliers, and technology across multiple markets. This can result in cost savings that can be reinvested in expensive R&D, which can be recovered more quickly with a global strategy. However, a global strategy may not always be able to be locally responsive to differing consumer tastes, as it often involves a standardized product or service offering. Homogenization of tastes is also not necessarily a benefit, as it can ignore important cultural differences and preferences.

Some of the Benefits of a Global Strategy Include: Please