For success in international markets

Reference no: EM13517396

For success in international markets, the strategy that a corporation selects must represent a 'strategic fit' with its goals. Here is an example:

A. An international strategy aims to achieve the goal of following the leader in technology and innovations worldwide, initially by transferring "home grown" products and processes.

B. A multidomestic strategy aims to achieve the goal of standardizing products for revenue enhancement.

C. A global strategy aims to achieve the goal of decentralize control and coordination for cost reduction.

D. A transnational strategy aims to balance cost reduction with national responsiveness while at the same time capitalizing on worldwide learning.

Reference no: EM13517396

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