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  2. The difference between international and transnational strategy is as follows123:
    • International strategy involves activities, relations, or organizations that involve multiple nations. It emphasizes cooperation or interaction between sovereign states.
    • Transnational strategy extends beyond national boundaries and may involve non-state entities such as corporations or NGOs. It exceeds national interests and boundaries.
    Learn more:
    "International" generally pertains to activities, relations, or organizations that involve multiple nations. "Transnational," on the other hand, extends beyond the boundaries of nations and may involve non-state entities such as corporations or NGOs.
    www.askdifference.com/international-vs-transnatio…
    International involves multiple nations; transnational exceeds national boundaries or interests. Key Differences International typically refers to something that involves, is between, or is conducted among different nations. It emphasizes the cooperation or interaction of sovereign states, like international laws or agreements.
    differencebtw.com/international-vs-transnational/
    Transnational strategy is one of four different types of international business strategies. The other types are multidomestic, which has low global integration and high local responsiveness; global, which has high global integration and low local responsiveness; and international, which has low global integration and low local responsiveness.
    www.indeed.com/career-advice/career-developme…
     
  3. People also ask
    What is a Transnational Strategy?A firm using a transnational strategy seeks a middle ground between a multi-domestic strategy and a global strategy. Such a firm tries to balance the desire for lower costs and efficiency with the need to adjust to local preferences within various countries.
    How do transnational strategies differ from other global expansion strategies?Transnational strategies differ from other global expansion strategies with regard to local responsiveness, customization, global integration, and customization. Because no company can maximize all 4 areas simultaneously, organizations choose to prioritize their emphasis through particular strategies.
    How do companies choose between global and transnational business strategies?Companies must choose between global and transnational business strategies based on their priorities. While global strategies focus on standardization and cost-cutting, transnational strategies emphasize flexibility and customization aimed towards the local market.
    What is the difference between global and transnational marketing strategies?While global strategies focus on standardization and cost-cutting measures to achieve lower costs, economies of scale, and higher profits, transnational businesses prioritize responsiveness to local market preferences by adapting marketing strategies accordingly.
     
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