Caterpillar and Texas Instruments are two firms that have benefited from the use of
A) the multidomestic strategy option.
B) the multinational corporation strategy.
C) the transnational strategy option.
D) the maquiladora system in Europe.
E) the global strategy option.

Question

Quizplus · Accepted Answer

Both Caterpillar and Texas Instruments have successfully implemented a global strategy, which involves standardizing products and processes across different markets and leveraging economies of scale. This has allowed them to efficiently produce and distribute their products on a global scale, resulting in increased competitiveness and profitability.

Caterpillar and Texas Instruments Are Two Firms That Have Benefited