Examlex
In the field,__________ are digressions into theory that researchers in the field use to elaborate ideas in depth,while __________ are detailed notes about concrete events that are written in a way that permits multiple interpretations later.
Multidomestic Approach
A strategy by which a company tailors its products or services to each local market in which it operates, treating them as separate entities.
Local Subsidiaries
Companies that operate within a specific country or region under the ownership or control of a larger parent company, often tailoring operations to local market conditions.
Globally Standardized Products
Products that are manufactured in a uniform manner and are the same in all markets around the world to achieve economies of scale and branding consistency.
Global Integration
The process of designing and implementing strategies to operate efficiently and effectively across geographical borders and cultural differences.
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