QUESTION IMAGE
Question
learning: business in a global economy
question
a company using a ____________ strategy sells standardized products around the globe.
answer
○ transnational
○ comparative advantage
○ global
○ multidomestic
○ i dont know yet
Brief Explanations
To solve this, we analyze each option:
- Transnational strategy: Focuses on both global efficiency and local responsiveness, not just standardization.
- Comparative advantage: An economic concept about production efficiency, not a business strategy for product standardization.
- Global strategy: Involves selling standardized products worldwide to achieve economies of scale.
- Multidomestic strategy: Adapts products to local markets, so not standardized.
So the correct option is the one with "global".
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C. global (assuming the third option is labeled C; if following the order, the third option: global)