Which of the following statements is true of a global strategy?

Question

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A global strategy involves taking a global perspective and integrating markets, which is necessary for companies that wish to remain successful due to the increasing globalization of the business world. Option A is incorrect since a domestic strategy would not be sufficient for companies to remain successful globally. Option B is incorrect because the separation of markets is decreasing due to globalization. Option D is incorrect because a multidomestic strategy may be less vulnerable to risk than a global strategy due to its focus on local responsiveness.

Which of the Following Statements Is True of a Global