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The ICF Framework Was Developed from Two Key Components

question 11

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The ICF framework was developed from two key components.Identify the correct components.

Evaluate the role of cultural and market understanding in implementing international strategies.
Discuss the challenges and strategic decisions involved in achieving global integration while maintaining local responsiveness.
Understand the role of knowledge flow and innovation in global business strategies.
Understand the concept and purpose of adjusting entries in accounting.

Definitions:

Organizational Entity

Refers to any organizationally defined unit within a business, such as departments, divisions, teams, or any designated group of employees.

Alliance

A formal agreement or union between parties, often organizations or nations, to work together towards common goals.

Achieving Legitimacy

The process through which an organization seeks to be accepted or regarded as proper or valid within a certain context or by a specific audience.

Institutionalized

Refers to processes or norms that have been established and accepted within an organization or society as standard or proper.

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