What is the difference between a global and a multidomestic approach to business?
A global approach to business focuses on having a business in many nations. A multi-domestic approach to business means that a business has many businesses in one nation.
Global - Producing a product the same way for every market that it is sold in. There are not any modifications made to the product the exact product sold in China would not change if sold in Europe. Multidomestic - It sees customers as being unique. A multidomestic company modifies a product to accommodate the wants/needs of the market. Ex. A Coke Cola Sold China has a different taste from those sold in the U.S…
What is the Difference between Bachelor of Science in business admin and bachelor of business admin?
What is the difference between master of science in business administration M.S.B.A and a Master of business administrationM.B.A?
Basically they are the same but with a different focus. It really is up to the school and its business department as to which approach they prefer. For example, the MBA may be general knowledge in a recognized discipline, interdisciplinary field, or areas of professional study. The MSBA may be a more scientific, technical, or professional level competence focused approach.
* Business Administration concerns itself with the performance or management of business operations. It's a systems approach to organization, problem solving and solution finding as it pertains to the whole of the organization. * Business Management concerns itself with the act of directing people towards accomplishing organizational goals and objectives.
Global strategy is based on a strategy implemtion on the assumption of 'one' global village, thus one strategy is implentated for all countries regardless of their socialcultural differences. Multidomestic strategy means companies implement a strategy that is more responding to local needs, values and demands. This usually happens on a regional basis, e.g. Western European countries or Northern part of Europe.
The difference between application-centric approach and document-centric approach is that with application-centric approach you open an application (such as notepad) and then create a document. With document-centric approach you create a document without opening an application first. You can create a document from the desktop by right clicking on the desktop, then click on New. On the submenu click on text document (or whichever command you choose).