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What is the advantage of a factor model?
Meganational Strategy
A strategy employed by companies that operate globally, aiming to balance the scale benefits of global operations with the need to adapt to local markets.
Value Chain
All the value-creating activities undertaken by the company.
Multidomestic Strategy
a marketing strategy that involves tailoring products or services to fit the needs and preferences of different national markets.
Cultural Trends
Patterns of behavior, practices, beliefs, and values that are prevalent within a society at a particular time, often influencing various aspects of life and business.
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