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Question
bp sells oil in multiple countries around the world. what type of business strategy does it pursue? a. a multidomestic strategy b. an intranational strategy c. a global strategy d. a licensing strategy
A global strategy involves operating in multiple countries with a standardized approach (or adapted as needed) to serve global markets. BP selling oil in multiple countries worldwide fits a global strategy. A multidomestic strategy focuses on local adaptation per country, intranational is within a nation, and licensing is about granting rights to others, which don't match BP's case.
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C. A global strategy