Explain Global Strategy?

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter6: International Management
Section: Chapter Questions
Problem 8CRQ: What is a global strategy? When do companies prefer a global strategy?
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Explain Global Strategy?

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Global strategy is a process by which firm expand and compete in global market. It promotes global economic growth by creating jobs, developing more competition among the companies and extending the market for the products or service which can be readily available for the consumers across the globe.

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