british petroleum sells oil in multiple countries around the world. what type of business strategy does it…

british petroleum sells oil in multiple countries around the world. what type of business strategy does it pursue?\na. a domestic strategy\nb. a multidomestic strategy\nc. a licensing strategy\nd. an intranational strategy\ne. a global strategy

british petroleum sells oil in multiple countries around the world. what type of business strategy does it pursue?\na. a domestic strategy\nb. a multidomestic strategy\nc. a licensing strategy\nd. an intranational strategy\ne. a global strategy

Answer

Brief Explanations:

A global strategy involves operating in multiple countries with a standardized product or service to achieve cost - efficiency and global market presence. British Petroleum selling oil in multiple countries globally aligns with this. A domestic strategy focuses on a single home - country market. A multidomestic strategy tailors products to each local market. A licensing strategy involves granting rights to use intellectual property. There is no common "intranational" strategy term in standard business strategy.

Answer:

E. A global strategy