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A Global Strategy Is a Multinational Strategy in Which Separate

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A global strategy is a multinational strategy in which separate strategies are developed for different countries.


Definitions:

Revoke Offer

The withdrawal of a proposal by the offeror before it has been accepted by the offeree, rendering the offer void.

Formal Contract

An agreement under seal.

Signed and Sealed

A phrase indicating that a document has been formally executed with the signature of the parties involved and sometimes a physical seal.

Postbox Rule

A legal doctrine stating that an offer is considered accepted once the acceptance is posted, not when the offeror receives it.

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