This essay examines Teys Australia's global strategy, focusing on the drivers of internalization such as market, cost, government, and competitive factors. It analyzes the global strategy options available to Teys, including export, multi-domestic, global, and transnational strategies, recommending a global strategy for enhanced sales and customer satisfaction. The essay also discusses the risks and rewards associated with global strategies, highlighting benefits like increased economies of scale and potential product lifecycle extensions, while also acknowledging macro environment and operational risks. The analysis concludes that a well-executed global strategy, leveraging key drivers, is crucial for the company's business success and growth. Desklib offers a wide range of similar solved assignments and resources for students.