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Examveda

A strategy designed to compete in all markets around the globe is called a _________ strategy.

A. scope

B. differentiation

C. cost

D. focus

Answer: Option A

Solution(By Examveda Team)

A strategy designed to compete in all markets around the globe is called a scope strategy. Strategic scope refers to the products and services a company plans to offer over a specific period, and indicates where and to which target markets they will be sold.

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