The _____ means that product design,manufacturing,and marketing strategy are standardized throughout the world,which is less costly than creating different products for different markets.

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The globalization strategy means that product design,manufacturing,and marketing strategy are standardized throughout the world,which is less costly than creating different products for different markets.For example,Black & Decker became much more competitive internationally when it standardized its line of power hand tools.

The _____ Means That Product Design,manufacturing,and Marketing Strategy Are Standardized