Examlex
The primary rationale for the use of intermediaries is their superior efficiency in making goods widely available and accessible to target markets.
Global Integration
The process of international interconnection and cooperation, through which businesses and economies around the world become more interdependent.
Centralized Arena
A concept or structure where decision-making and authority are concentrated at a single point, especially within an organization.
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.
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