Asked by James Bertakis on Jun 03, 2024
Verified
A globalization strategy adopts standardized products and advertising for use worldwide.
Globalization Strategy
A business approach that involves planning and implementing methods to operate and compete on a global scale.
Standardized Products
Goods or services that are uniform in quality and performance across all outlets and markets, allowing for mass production and economies of scale.
- Comprehend the strategic goals and distinctions between globalization, multidomestic, and transnational strategies.
Verified Answer
RM
Rashunda MamboJun 08, 2024
Final Answer :
True
Explanation :
A globalization strategy seeks to create standardized products and advertising that can be used worldwide to achieve consistency and cost efficiency.
Learning Objectives
- Comprehend the strategic goals and distinctions between globalization, multidomestic, and transnational strategies.
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