Business strategy.docx - Running head DOMESTIC AND GLOBAL...

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Running head: DOMESTIC AND GLOBAL STRATEGIES 1 Domestic and global strategies Student Name Affiliate Institution
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DOMESTIC AND GLOBAL STRATEGIES 2 Abstract Strategizing involve taking an organization from a present status to a future desired state. Understanding the differences between a domestic and a global strategy can be crucial in effective development of strategies. Moreover, highlighting the impacts of politics can be an essential determinant of a successful global strategy. This paper will critique what a strategy is as well as provide clear comparisons between a domestic strategy and a global strategy. In addition, it will examine the political impact of developing a global strategy. Keywords: strategy, domestic, global, politics Domestic and global strategies A strategy is the ways through which an organization sets out to attain its desired short term and long term goals and objectives. According to Strategy theory (2017), strategy will typically cover a period of three to five years although it can be longer depending on the organization goals. Usually, a strategy is associated with critical resources issues such as increasing finance and setting a new plant. A strategy can also be associated with the scope of activities an organization undertakes.
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