In terms of global deals, which is a key characteristic?

Global deals are characterized by their expansive reach, engaging stakeholders across multiple countries and jurisdictions. This characteristic is essential because businesses today operate in an interconnected world where opportunities and challenges cross borders. Such global transactions facilitate access to diverse markets, allowing companies to leverage resources, mitigate risks, and tap into a wider customer base.

In contrast, limiting deals to a specific region, focusing on local contracts, or restricting them to one type of content would significantly narrow the potential benefits that global deals can offer. Therefore, the ability to span multiple countries and jurisdictions is fundamental for organizations aiming for growth and competitiveness in the global marketplace.