Would you please help me to understand multi-domestic strategy?© BrainMass Inc. brainmass.com October 17, 2018, 2:02 am ad1c9bdddf
Generally, global businesses adapt a multi-local strategy in multi-domestic markets. A multi-domestic strategy has specific strategies it uses. For example, it customizes their products to individual countries - in other words, products are "customized for each individual market" (www.quickmba.com/strategy/global). As well, the company's innovation often comes from local R&D. There is also decentralization control of local decision making within the company. A common ...
Discusses multi-domestic strategy.
Explaining the 4 Competitive Strategies
List and explain each of the 4 Competitive Strategies, give examples of each strategy. The 4 Competitive Strategies are: Global, Multidomestic, Transnational, General strategy.
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