In this age of globalization, some gurus argue that all industries are becoming global and that all firms need to adopt a global standardization strategy. Do you agree? Why or why not?

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In this age of globalization, some gurus argue that all industries are becoming global and that all firms need to adopt a global standardization strategy. Do you agree? Why or why not?

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In this age of globalization, some gurus argue that all industries are becoming global and that all firms need to adopt a global standardization strategy. Do you agree? Why or why not?

Answer & Explanation (1)

In this age of globalization, some gurus argue that all industries are becoming global and that all firms need to adopt a global standardization strategy. Do you agree? Why or why not?

Explanation
Global standardization strategy will help firms make informed decisions on what to supply and where the demand is higher. Global standardization strategy helps firms to market the products easily and in the process achieve economies if scale and also lower the costs of production.

Answer
Yes, I agree.

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