GLOBAL STRATEGIES
A strategy where companies fully adapt products to each country.
Multidomestic strategy
Goverment policies and laws belong to this PEST factor
Political
Moving production closer to the main market
Nearshoring
This fast-food company adapts its menu in different countries
McDonalds
A popular convenience store chain in Mexico
OXXO
A startegy that sells the same product worlwide with minimal changes
Standardization strategy
Inflation, unemploymen, and exchange rates are part of this
Economic
Companies that reduce enviromental impact and use sustainable practices
Green companies
Strategy focused on staying updated with trends and costumer needs
Staying relevant strategy
A global convenience store brand found worldwide
7-eleven
A strategy that balances global efficiency and local adaptation
Transnational strategy
Culture, traditions, and demographics fall under this factor
Social
Nearshoring reduces transportation tine and rhis fanancial factor
Cost
Startegy that creates new markets instead of competing directly
Blue Ocean strategy
Small informal local bussiness in Mexico
Changarro
Selling products abroad without changing where they are produced
Export strategy
Innovation, AI, and automation are included in this factor
Techonological
The total emission produced by a company
Carbon footprint
Company known for global branding and athlete endorsements
Nike
Strategy that combines global and efficiency with local adaptation
Glocal strategy
The two key pressures in global strategy are global integration and local _______
Responsiveness
This analysis helps companies evaluate external macro-enviroment risk
PEST analysis
Global crisis that disrupted supply chains and boosted nearshoring
COVID-19
Streaming platsform that transformed how people consume music
Spotify
Two types of competition
Direct and indirect