Client Space and online loan requests will be unavailable on Saturday, May 9 from 7 a.m. to 2 p.m. (ET) due to scheduled maintenance.

Client Space and online loan requests will be unavailable on Saturday, May 9 from 7 a.m. to 2 p.m. (ET) due to scheduled maintenance.

Definition

Global strategy

A global strategy is a company’s plan to become a global business and operate facilities worldwide.

A global strategy is a plan to help a company grow from an international business (which sells products or services in other countries) to a global business that operates facilities like factories and distribution centres around the world. A global strategy typically focuses on growing sales, profits and earnings, all of which are key to helping a company achieve its expansion goals.

More about global strategy

A global strategy can cover the full spectrum of a company’s activities—from reducing engineering and manufacturing costs to building networks of service centres around the world to provide local after-sales support.

Didn’t find what you were looking for? Back to glossary