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bp sells oil in multiple countries around the world. what type of busin…

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

Explanation:

Brief Explanations

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.

Answer:

C. A global strategy