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What are the characteristics of current rise in the Average Rate of Productivity Growth that distinguishes it from the economy of previous periods?
Multidomestic Strategy
A corporate strategy that involves producing products or services tailored to individual local markets.
Tailor
To adapt or modify something to suit a particular need or preference.
Needs and Preferences
The desires and choices of individuals or groups that drive their decisions and behaviors.
Transnational Strategy
An approach used by businesses that involves balancing global efficiencies with local responsiveness in their operations across various countries.
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