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Examveda

In __________ strategy assumptions are made that consumers needs are similar worldwide

A. Global

B. Multidomestic

C. International

D. Transnational

Answer: Option A

Solution(By Examveda Team)

In Global strategy assumptions are made that consumers needs are similar worldwide. A global strategy refers to the plans an organization has developed to target growth beyond its borders. Specifically, it aims to increase the sales of goods or services abroad. 'Global strategy' is, in fact, a shortened term that covers three strategies: international, multinational, and global.

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