You are on page 1of 1

Talking into three Strategies which are practiced by a skillful companies taken global in

making their organization into a better form: customization, competencies, and Arbitrage.

Customization: this is Quite Important for businesses to customize their products/services


to meet the economic affordability, Social needs, that goes with their Cultural aspects

Competencies: this basically defines leveraging the core of the business staying standardized
no matter where they go globally, this gives them a feeling of belonging where ever they
travel.

Arbitrage: this is a practice of taking an Advantage of the price difference that happens in
the markets, the businesses have a huge potential tapping into these markets.

You might also like