Explain the characteristics of five strategies that a multinational
organization may opt to use in International Business
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Socrates is considered by many the father of philosophy. He liked asking questions and question everything (which ultimately cost him his life by the way). ... When people attributed events to the Gods, Socrates disagreed and tried to persuade everyone that there should be a logical and reasonable.
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Multidomestic Strategy
A firm using a multidomestic strategy sacrifices efficiency in favor of emphasizing responsiveness to local requirements within each of its markets. Rather than trying to force all of its American-made shows on viewers around the globe, MTV customizes the programming that is shown on its channels within dozens of countries, including New Zealand, Portugal, Pakistan, and India.
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