Question: Please answer this question correctly, this is the fourth time of submitting this question but haven't gotten the correct answer Here are the types of

Please answer this question correctly, this is the fourth time of submitting this question but haven't gotten the correct answer

Here are the types of international strategies so that you will have some clue in answering my question.

1- Multidomestic Strategy

A firm using a multidomestic strategy sacrifices efficiency in favor of emphasizing responsiveness to local requirements within each of its markets. Rather than trying to force all of its American-made shows on viewers around the globe, MTV customizes the programming that is shown on its channels within dozens of countries, including New Zealand, Portugal, Pakistan, and India.

Similarly, food company H. J. Heinz adapts its products to match local preferences. Because some Indians will not eat garlic and onion, for example, Heinz offers them a version of its signature ketchup that does not include these two ingredients.Global Strategy

Global strategy

A firm using a global strategy sacrifices responsiveness to local requirements within each of its markets in favor of emphasizing efficiency. This strategy is the complete opposite of a multidomestic strategy. Some minor modifications to products and services may be made in various markets, but a global strategy stresses the need to gain economies of scale by offering essentially the same products or services in each market.

Microsoft, for example, offers the same software programs around the world but adjusts the programs to match local languages. Similarly, consumer goods maker Procter & Gamble attempts to gain efficiency by creating global brands whenever possible. Global strategies also can be very effective for firms whose product or service is largely hidden from the customers view, such as silicon chip maker Intel. For such firms, variance in local preferences is not very important.

Transnational Strategy

A firm using a transnational strategy seeks a middle ground between a multidomestic strategy and a global strategy. Such a firm tries to balance the desire for efficiency with the need to adjust to local preferences within various countries. For example, large fast-food chains such as McDonalds and KFC rely on the same brand names and the same core menu items around the world. These firms make some concessions to local tastes too. In France, for example, wine can be purchased at McDonalds. This approach makes sense for McDonalds because wine is a central element of French diets.

Key Takeaways

  • Multinational corporations choose from among three basic international strategies: (1) multidomestic, (2) global, and (3) transnational. These strategies vary in their emphasis on achieving efficiency around the world and responding to local needs.

please choose among this question and answer my question in details.

MY QUESTION

Critically evaluate the different international strategies (if any) used by Lulu group international to venture into different countries and setup its operations. Also, evaluate the role of UAE government and WTO in supporting the selected company to expand its operations in different countries. (500 words minimum).

"What's for dinner?" is a question of interest to folks of all nations. The answer depends, in some part, on the international strategy of the corporations that provide foods, drinks, and condiments worldwide. Firms choose between the potential trade-offs between efficiency in production/distribution and responsiveness to local market preferences. Below we provide examples of how a firm's decision may provide some answers to how you might fill your belly. Nestl uses a transnational strategy where some products are available High worldwide while others are only sold in select markets. . Aisa Kitkat Gines CFAREA Nestie Butteringer BAR barra rumah ILHENNY ABASCO BRAND PER SA Kitkat SAUCH risp Wafers Global Efficiency A global strategywhere minor or no modifications to products and services are madeis used by iconic products such as Tabasco. HP HEINZ BUMPER EDITION BIG SAUCY BANGERS SAUCE B5p HEINZ CHILI SAUCE e mi-100 Heinz uses a multidomestic strategy where foods are customized to be responsive to local tastes. Low Local Responsiveness Low High

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