Firms using a ________ conduct business the same way anywhere in the world.

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Quizplus · Accepted Answer

A global strategy involves standardizing products, marketing, and business operations across all countries where a company operates. This allows for greater efficiency and cost savings, as well as consistency in branding and customer experience. Home replication strategy involves exporting the home country's business model and operating it in other countries. Transnational strategy combines elements of both global and multidomestic strategies, seeking to balance global efficiency with local responsiveness. Multidomestic strategy decentralizes the company's operations and tailors them to each local market, resulting in higher costs and less consistency across markets.

Firms Using a ________ Conduct Business the Same Way Anywhere