Perhaps it would be better for the company producing dry soup mixes and canned soups to employ a multi-domestic strategy that considers the local markets’ requirements and differences. Food production should often be accompanied by thoughtful exploring of customers’ culture. The soup industry is not as standardized as technology: the company needs to research potential customers’ preferences worldwide and make specific changes to its products.
References
Academic.Tips. (2023) 'Assume you are in charge of developing the strategy for an international company in the UAE that sells products in 50 different countries worldwide. One of the issues you face is whether to employ a multi-domestic, global, or transnational strategy. Would a multi-domestic plan seem more advisable than a worldwide strategy if your company’s product is dry soup mixes and canned soups? Why'. 15 March.
Reference
Academic.Tips. (2023, March 15). Assume you are in charge of developing the strategy for an international company in the UAE that sells products in 50 different countries worldwide. One of the issues you face is whether to employ a multi-domestic, global, or transnational strategy. Would a multi-domestic plan seem more advisable than a worldwide strategy if your company’s product is dry soup mixes and canned soups? Why? https://academic.tips/question/assume-you-are-in-charge-of-developing-the-strategy-for-an-international-company-in-the-uae-that-sells-products-in-50-different-countries-worldwide-one-of-the-issues-you-face-is-whether-to-employ-a-m/
References
Academic.Tips. 2023. "Assume you are in charge of developing the strategy for an international company in the UAE that sells products in 50 different countries worldwide. One of the issues you face is whether to employ a multi-domestic, global, or transnational strategy. Would a multi-domestic plan seem more advisable than a worldwide strategy if your company’s product is dry soup mixes and canned soups? Why?" March 15, 2023. https://academic.tips/question/assume-you-are-in-charge-of-developing-the-strategy-for-an-international-company-in-the-uae-that-sells-products-in-50-different-countries-worldwide-one-of-the-issues-you-face-is-whether-to-employ-a-m/.
1. Academic.Tips. "Assume you are in charge of developing the strategy for an international company in the UAE that sells products in 50 different countries worldwide. One of the issues you face is whether to employ a multi-domestic, global, or transnational strategy. Would a multi-domestic plan seem more advisable than a worldwide strategy if your company’s product is dry soup mixes and canned soups? Why?" March 15, 2023. https://academic.tips/question/assume-you-are-in-charge-of-developing-the-strategy-for-an-international-company-in-the-uae-that-sells-products-in-50-different-countries-worldwide-one-of-the-issues-you-face-is-whether-to-employ-a-m/.
Bibliography
Academic.Tips. "Assume you are in charge of developing the strategy for an international company in the UAE that sells products in 50 different countries worldwide. One of the issues you face is whether to employ a multi-domestic, global, or transnational strategy. Would a multi-domestic plan seem more advisable than a worldwide strategy if your company’s product is dry soup mixes and canned soups? Why?" March 15, 2023. https://academic.tips/question/assume-you-are-in-charge-of-developing-the-strategy-for-an-international-company-in-the-uae-that-sells-products-in-50-different-countries-worldwide-one-of-the-issues-you-face-is-whether-to-employ-a-m/.
Work Cited
"Assume you are in charge of developing the strategy for an international company in the UAE that sells products in 50 different countries worldwide. One of the issues you face is whether to employ a multi-domestic, global, or transnational strategy. Would a multi-domestic plan seem more advisable than a worldwide strategy if your company’s product is dry soup mixes and canned soups? Why?" Academic.Tips, 15 Mar. 2023, academic.tips/question/assume-you-are-in-charge-of-developing-the-strategy-for-an-international-company-in-the-uae-that-sells-products-in-50-different-countries-worldwide-one-of-the-issues-you-face-is-whether-to-employ-a-m/.