Business
Business Strategy in the Global Marketplace
International, Multinational, Global and Transnational Corporate Strategies
International, multinational, global and transnational corporate strategies differ in various ways. The various levels of companies employ these strategies in their business operations to maximize their output or to remain in continual business operations. Under multinational strategies, the subsidiaries of the firm in the involved foreign country enjoy strong local autonomies of business regarding decision-making (Nirav, n.d.). Under the global strategies, the governance of the business is central and in a strong manner in order to reap the economies of scale through various global manufacturing and standardized ...