Explain the Need for an MNC to "Be Global and Act

question 5

Essay

Explain the need for an MNC to "be global and act local." How can organizational structure enable a firm to be glocal?

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Definitions:

Urochordates

A subphylum of chordates; includes the tunicates.

Vertebrates

Animals that possess a backbone or spinal column, including fishes, amphibians, reptiles, birds, and mammals.

Hemichordata

A phylum of marine animals that share some traits with chordates, such as a dorsal nerve cord, but have distinct features like a stomochord.

Larval Tunicates

The juvenile stage of tunicates (marine invertebrates), which is free-swimming and undergoes metamorphosis into the adult form.