What is true Most companies develop their globalization strategy around their comparative advantages?A. Globalization strategies
are inherently less risky than regionalization strategies. B. Globalization refers to the integration of worldwide operations and the development of standardized products and marketing. C. The strategic choice as to where a company should position itself along the globalization-regionalization continuum is contingent exclusively upon cultural and political distances.
C. The strategic choice as to where a company should position itself along the globalization-regionalization continuum is contingent exclusively upon cultural and political distances.
Explanation:
Globalization, which is the integreation of operations of a company among the various countries of the world is a worldwide phenonmen engaged by most commpanies. This strategy is to have the market shares of that country.
Fortunately, most countries develop their globalization strategy around their comparative advantages. Thier strategic choice is usually based upon the political and cultural postion in which it find itself.
Example, a country that discourages the rearing of pork and only encourages the limited ownership of shares (10% stake, while the citizens owns 90% ) of a company setup in their country would affect the globalization drives of a pork processing company that was trying to setup factories in such country.
