Explain Question Close. When Can This Be Used

question 73

Essay

Explain question close. When can this be used?

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Definitions:

Polycentric

Polycentric refers to a philosophy or approach in international business, in which policies and practices are tailored specifically to fit the requirements of each country.

Transnational

Referring to processes, companies, or projects that exceed national borders, involving multiple countries.

Futuristic Perspective

Refers to a forward-looking viewpoint, focusing on innovative or predicted advancements and their implications for the present and future.

Stateless Companies

Businesses that operate globally without being primarily affiliated or located in a single country.