Question

A company that adapts its product features for an international market is pursuing one of the three principle strategic options:A. A transnational strategy of appealing to local tastes and preferences through customization.B. A global strategy of offering products to a worldwide market.C. A global-custom strategy of think and act local, appealing to local markets.D. The strategic alliance approach of working with local companies to support local markets.

Answer 1

Answer: A company that adapts its product features for an international market is pursuing "B. A global strategy of offering products to a worldwide market.".

Explanation: A global business strategy implies participation in the world market and requires adaptation before applying it.

Answer 2

A company that varies its product properties for an international market is engaging by the principle of strategic options, which is the A global scheme of offering products to a worldwide market.

What are the three principles of the strategic options?

Strategic options are imaginary secondary action-oriented outcomes to the outside situation that an organization/s faces.

Strategic options take pluses of information and actors, trends, opportunities and threat of the external world.

Cost Leadership, Differentiation, and Focus are the three principles of the strategic options and A global scheme of offering products to a worldwide market also included in the principles of these options.

Therefore, option D is correct.

Learn more about the strategic options, refer to:

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