Mystic,a Texas-based fashion apparel company with subsidiaries in more than 25 countries across the world,is one of the most recognized brands in the global and domestic markets.In a recent interview with The New York Times,the CEO and the spearhead of Mystic Co.Burt Swager said,"The secret of the company's success is its ability to strike the right balance between centralization and decentralization." Mystic Co.is a firm that successfully pursues a(n)________ business strategy.

Question

Quizplus · Accepted Answer

Mystic Co. has subsidiaries in over 25 countries, which indicates a global approach. However, the CEO mentions the company's ability to strike the right balance between centralization and decentralization, which suggests that the company is pursuing a transnational strategy, combining global coordination with local adaptation. Therefore, option B, transnational, is the best choice.

Mystic,a Texas-Based Fashion Apparel Company with Subsidiaries in More Than