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Table 19-1 Source: US Census Bureau and Mankiw's calculations
-Refer to Table 19-1. From 1975 to 2011, the salary gap among women who graduate from college compared to those who complete only high school
Knowledge Transfer
The process through which skills, knowledge, technologies, or methodologies are passed from one individual or organization to another.
Transnational Strategy
A global business approach that involves operating in multiple countries with a coordinated strategy, balancing global efficiency and local responsiveness.
Locally Responsive
Being locally responsive refers to a business strategy that involves tailoring products, services, and operations to meet the cultural, legal, and consumer preferences of local markets.
Globally Integrated
A characteristic of businesses or systems that operate seamlessly across international boundaries, leveraging global resources and markets.
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