Examlex
"The recognized violation of cultural norms" refers to the concept of
Meganational Approach
A strategy by businesses to operate on a global scale, emphasizing uniformity in products and services across countries to exploit economies of scale.
Value Chain
A series of activities that a company performs to create value for its customers, from product design to post-sale service.
Location Economies
The cost advantages gained by a business due to its geographical position, often influencing its competitiveness.
Meganational Strategy
A business strategy that emphasizes operating and competing in multiple countries as one global market.
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