What is the benefit of using a global strategy?
A)Greater ability to match the needs of each market.
B)
Ensures obtaining the maximum benefits from economies of scale.
C)
Greater ability to hire locals to do key advertising and related activities.
D)
Allows each market to adapt to the local conditions.

Question

Quizplus · Accepted Answer

Using a global strategy allows a company to obtain the maximum benefits from economies of scale, such as lower production costs and increased efficiency in supply chain management. This can lead to increased profitability and competitive advantage. The other options, including matching the needs of each market or hiring locals, are more related to localization strategies.

What Is the Benefit of Using a Global Strategy