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If an international firm has a global strategy and a relatively low level of product diversity, the best choice for its organizational structure is
Joint Decisions
Decisions made collectively by two or more parties after considering all perspectives and reaching a consensus.
BATNA
Best Alternative To a Negotiated Agreement; the best course of action a party can take if negotiations fail and an agreement cannot be reached.
Negotiated Agreement
A mutual arrangement or contract reached through discussion and compromise between parties.
Non-Rational Escalation
The phenomenon of continuing a course of action even when it is not in one's best interest, disregarding rational analysis.
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