Which one of the following best describes the strategic approach your company is

 

taking in trying to compete successfully on an international basis?

 

• Multidomestic or think-local, act-local approach.

 

• Global or think-global, act-global approach.

 

• Transnational or think-global, act-local approach.

 

Explain your answer and indicate two or three chief elements of your company’s

 

strategy for competing in two or more different geographic regions