The "Leverage" in the LLL Framework Focuses on an MNE's

question 20

True/False

The "leverage" in the LLL framework focuses on an MNE's deep understanding of its customer needs and wants.

---

Definitions:

Trial and Error

A problem-solving method involving repeated, varied attempts which are continued until success, or until the agent stops trying.

Centralization Principle

A management approach where decision-making authority is concentrated in the higher levels of an organization.

Fayol's Centralization

A principle proposed by Henri Fayol that advocates for the concentration of decision-making authority at the top levels of an organization.

Historical Perspective

refers to the understanding of the past and how it influences present and future events, trends, or conditions.