Which of the following describes a strategy that combines various operational approaches?

The correct answer is associated with a transnational strategy, which is characterized by its ability to blend different operational approaches to achieve competitive advantage across markets. A transnational strategy seeks to balance the benefits of global efficiencies with the need for local responsiveness. This means the organization can streamline operations and leverage economies of scale while also adapting to local market conditions and consumer preferences.

Organizations employing a transnational strategy will often implement a network of resources that allows them to take advantage of global production and distribution efficiencies while still catering to local markets. This combination enables them to be flexible and agile, which is crucial in meeting diverse customer needs across different regions.

In contrast to global or multidomestic strategies, which either prioritize global uniformity or local adaptation exclusively, the transnational approach effectively merges the two. This creates a complex but strategic framework that can lead to sustainable competitive advantage by maximizing both local responsiveness and global efficiency.