A global strategy tends to be more successful when ________.

Question

Quizplus · Accepted Answer

A global strategy tends to be more successful when the industry's product is a commodity, as it allows for standardized products that can be produced and distributed efficiently across markets. When buyers are looking for customized products at bargain prices, a localization strategy may be more appropriate. Low entry barriers for new firms and little bargaining power for suppliers may not necessarily impact the success of a global strategy.

A Global Strategy Tends to Be More Successful When ________