5. Chapter 10 notes that global strategy can change over time for a firm. MTV is highlighted as one example in Exhibit 10.8. Conduct a web search of a firm you know to be operating internationally and determine its current global strategy position. How long has the firm stayed with this approach? Can you find evidence it had a different global strategy?

Explanation:

A strategy can be understood as a set of actions and procedures that integrated will help a company to achieve its objectives and goals.

As an example of a company that operates internationally, we can mention Walmart, which is a large retail company, which is currently the largest and most influential retail company in the world. The company started operating in the USA in 1962, and became a publicly traded company in 1972.

Walmart has achieved great success worldwide using strategies to maintain its main essence, which attracts consumers worldwide, regardless of local culture and values, maintaining the lowest prices in the market, which attracts and favors thousands of consumers worldwide and consequently makes suppliers and investors attracted to the company's business.

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