Caterpillar and Texas Instruments are two firms that have benefited from the use of:A. the international strategy option. B. the maquiladora system in Europe. C. the transnational strategy option. D. the multidomestic strategy option. E. the global strategy option.

Question

Business

Deven Sparks

14 April, 05:22

Caterpillar and Texas Instruments are two firms that have benefited from the use of:A. the international strategy option. B. the maquiladora system in Europe. C. the transnational strategy option. D. the multidomestic strategy option. E. the global strategy option.

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Answers (1)

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Savannah · Answer 1

The answer is E. The global strategy option.

Explanation:

What is Global Strategy?

Just as the name implies, Global strategy is an organization's plan to target company growth on a global scale. That is, extending its products and services outside the borders of the country in which it operates.

Evidently, the two companies mentioned in the question above each have a global presence, and this is as a result of the development of a Global Strategy option.