Examlex
The ________ concept is specifically focused on the future welfare of consumers.
Multidomestic Strategy
A strategy used by companies that involves customizing products and marketing strategies to specific national conditions to gain local market share.
Market Diversity
The variety and heterogeneity of products, services, consumers, and entities within a market, enhancing competition and innovation.
Polycentric View
Refers to a perspective in international business where a company adapts its strategies and operations to the local conditions of the countries it operates in, often giving significant autonomy to each local branch.
Divestiture
The process of selling off subsidiary business interests or investments by a company to refocus its operations or to raise capital.
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