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There Are Three Main International Strategies Available to Multinational Companies

question 80

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There are three main international strategies available to multinational companies. Each strategy involves a different approach to trying to build efficiency across nations and trying to be responsive to variation in customer preferences and market conditions across nations. The three international strategies are:


Definitions:

Interval

A range or distance between two points or values, often referring to time or space.

Level Of Measurement

The classification of a variable depending on how its values can be measured or categorized, such as nominal, ordinal, interval, or ratio.

Nominal

Pertaining to data classified into mutually exclusive categories without any order or rank.

Ordinal

Refers to a type of categorical variable with a set order or scale, but without a fixed interval between its values.

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