Should Emirates move from a Global Strategy to a more Transnational or Localized strategy? Explain your reasoning.
The answer to the question depends if Emirates wants to take risks or not.
If yes, then Emirates should definitely convert to a transnational strategy. Here, each individual foreign markets would be given the marketing power, Research & Development powers. Local responsiveness, product differentiation and economies of scale are the potential benefits of this type of a strategy.
Although with higher benefits, there are high risks attached : This type of a strategy is costlier to implement which leads to low success rates.
But with a global strategy, there is a risk of Emirates being stagnant in the market too.
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