Which of the following strategies combines elements of multinational, international, and multilocal strategies? a.All-encompassi

Question

spayn [35]

3 years ago

14

Which of the following strategies combines elements of multinational, international, and multilocal strategies? a.All-encompassi

ng strategy. b.Regional strategy. c.Transnational strategy. d.Multidomestic strategy.

Social Studies

1 answer:

Arada [10] · Answer 1 · 2022-05-31T14:58:06+03:00

Answer:

Regional strategy

Explanation:

Most organizations and industries use the regional strategy. This implies that most organization do not just operate in a single global market, but operate in regional blocks. This means that while they operate using some multi-local strategies, they also have elements of global and multinational strategies. While they operate in regions, they have one general standard or policies, but may differ in some aspect of business due to the peculiarities of the market.