Which industry is known as 'Global industry'and why?
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The term "global industry" refers to industries that effectively operate in all, or most, of the markets across the world. The industry offers roughly equivalent products or services to customers in every market, and the competitive position of companies in that industry depends on performance across all markets.
Answered by
1
Answer:
The term "global industry" refers to industries that effectively operate in all, or most, of the markets across the world. The industry offers roughly equivalent products or services to customers in every market, and the competitive position of companies in that industry depends on performance across all markets.
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