Examlex
___________ is the acceptance of the MNE as a natural organ in the local environment.
Multidomestic OM Strategy
A strategy in operations management where a company customizes its products or services to meet the specific needs of each country or region it operates in.
Local Responsiveness
The ability of a company or organization to tailor its products, services, and operations to meet the specific needs of local markets.
Cost Advantage
The benefit or saving realized from lower production or operational expenses compared to competitors.
Globalization
The process by which businesses or other organizations develop international influence or start operating on an international scale, leading to increased interconnectedness of the world's economies, cultures, and populations.
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