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Can the global strategy be used for service industries?
Can the global strategy be used for service industries? Yes. A well-designed global strategy can help a service industry type firm to gain a competitive advantage. This advantage can arise from the following sources: Economies of scale from access to more customers and markets, exploitation of another country's resources, such as labor, raw materials, exchange rates, import duties, tariffs and taxes. Strategically, a service industry type firm could also capitalize on being the pioneer or first entrant into a new market. Prior planning and thorough due diligence will identify the macroe…
- "Strategy without action is only a daydream, but action without strategy is a nightmare" Discuss the benefits of formal corporate planning in directing organisational action
- Can the global strategy be used for service industries?
- Public Relation Strategy Stage 2,3
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