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Write a Brief Note on Global Strategies and Multidomestic Strategies

question 52

Essay

Write a brief note on global strategies and multidomestic strategies. Also mention one advantage and one disadvantage of each.


Definitions:

Tire(s)

Rubber coverings placed on wheels of vehicles to provide traction and absorb shocks.

Gain From Trade

The benefits that parties obtain by exchanging goods or services through voluntary negotiation.

Barrels

A unit of volume measurement used in the oil industry, with one barrel equivalent to 42 U.S. gallons.

Oil

A fossil fuel used primarily for energy production and as a raw material in manufacturing.

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