Examlex
Evaluate.
-6 - (-5)
Globally Integrated
Refers to entities such as economies, businesses, or systems that are interconnected and interdependent across the world.
Location Economies
The cost advantages obtained by a business due to its geographical position or the location of its resources and operations.
Meganational Strategy
A business strategy that seeks to operate and compete across multiple countries and regions, often by adapting products and practices to local conditions while maintaining overarching global standards.
Innovation
Combination of new or existing ideas to create marketable value.
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