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Describe the Pressures for Local Responsiveness That International Companies Face

question 70

Essay

Describe the pressures for local responsiveness that international companies face.


Definitions:

Franchisor

Firm whose products are sold to customers by the franchisee.

Franchisee

Individual or business firm purchasing a franchise.

Internal Locus

A psychological term referring to the belief that one has control over their life events and outcomes rather than external forces.

Need to Achieve

An individual's desire for significant accomplishment, mastering of skills, control, or high standards.

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