You are a young entrepreneur who has recently launched a tech start-up called "TechConnect." Your company specializes in developing and manufacturing smartphones. You have successfully entered the global market, and your products have gained popularity due to their advanced features and reliability. However, you have noticed that your competitors are also thriving in the market by adopting different global strategies.

Consider the scenario described above. Discuss the FOUR (4) main global strategies that a venture can pursue and evaluate which strategy would be most suitable for TechConnect in its current stage of growth and market position. Justify your choice by considering the company's product characteristics, competitive landscape, and potential market opportunities.