When firms sell their products overseas with little or no change to the products, they may increase the expropriation of intellectual property and increase the risk of piracy. This is considered a serious disadvantage when pursuing a(n) ________ strategy. Question 7 options:

Most firms begin their worldwide growth with an international strategy, which includes exporting or importing goods and services while keeping a head office or offices in their native country. As a firm, global expansion does not have a one-size-fits-all approach.

Companies might decide to invest more in their target markets as they expand and scale. A successful worldwide company strategy concentrates on a single point of contact while exporting goods and services all over the world.

While no two global firms are same, it does imply that multinational enterprises must take a big-picture, standardized approach to their exports and imports, even if their operations are tiny.

Therefore, the blank will be filled by international strategy.

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