Strategy Approaches and Industry Characteristics” Please respond to the following:

Strategy Approaches and Industry Characteristics” Please respond to the following:

  • Using the three (3) generic strategies (global integration strategy, host country focus strategy and hybrid international strategy), select a product or service then create a strategy using one (1) of the three (3) generic strategies then explain your decision of not selecting the other two (2) generic strategies for your industry characteristics.
  • The world market is made up of three (3) industries (global, international, and multidomestic). Using the two (2) dimensions (product and market requirements and operational requirements of a firm), select a product then explain the best way to market that product using the appropriate industry and the best dimension for each product.