Multi-domestic or think local, act local approach, strategy Management, homework help

QUESTION:

Which one of the following best describes the strategic approach your company is taking to try to compete successfully on an international basis?  If your company does not compete globally, please choose a company that does compete globally to answer this question.

  • Multi-domestic or think local, act local approach.
  • Global or think global, act global approach.
  • Transnational or think global, act local approach.

Explain your answer and indicate two or three chief elements of your company’s strategy for competing in two or more different geographic regions.

Discussion Question responses must meet the following criteria: 

–  300-400 word count, excluding citations and references

–  Responses must include at least one reference to an outside source

–  Avoid offering perspectives that you cannot substantiate through the reading, outside research, or personal professional experience 

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