Which of the following is not one of the four international business strategies?

The correct choice identifies "competitive strategy" as not one of the four international business strategies, which indeed reflects a deeper understanding of the frameworks used in international business.

Global strategy, transnational strategy, and multidomestic strategy are recognized frameworks that companies use to navigate their international operations. A global strategy focuses on maximizing efficiency by standardizing products and services across markets, often resulting in economies of scale. A multidomestic strategy emphasizes local responsiveness, allowing companies to tailor their products and marketing to fit the local market's preferences and regulations. The transnational strategy combines elements of both global and multidomestic strategies, aiming to achieve a balance between efficiency and local responsiveness.

In contrast, competitive strategy pertains more broadly to how a firm competes within a particular market or industry, concerning factors like pricing, product differentiation, and market position. While it is essential to consider competitive strategy in the context of international business, it does not categorize a company's approach to operating across different national markets in the same way that the other three strategies do. Thus, recognizing "competitive strategy" as separate from these four international strategies is crucial in understanding strategic frameworks in international business.