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A country abiding by the principle of "one person, one vote" is practicing which of the following?
Multidomestic Strategy
A strategy whereby global firms respond to differentiated needs and preferences in each local market in which they operate.
Meganational Strategy
A strategy whereby global firms focus on increasing profitable growth by reaping cost reductions from economies of scale and other advantages of global integration.
Transnational Strategy
A strategy whereby global firms take a hybrid approach that combines the meganational and multidomestic strategies, simultaneously offering the benefits of both global and local advantages.
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