mc Donald's menu should be the same no matter where the location is. everyone loves a big mac. is that a reasonable approach in a global marketplace?why or why not
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A reasonable approach in a global
marketplace
Explanation:
No, in a global marketplace, that is not the reasonable approach
- An effective global strategy is one that includes adjusting according to the needs of the local markets.
- There are markets where these big companies like McDonald's may fail due to a lack of flexibility although it has standardized products in most of the market.
- It has adjusted its menu to meet the needs of the local customers in the present market as there is increased competition, multinational companies want their strategy to be successful.
- There is a need to understand the needs of the local market, their need, strategies, their culture, and various attributes.
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