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Explain the Differences Between a "Think-Global, Act-Global" Strategy and a "Think-Global

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Essay

Explain the differences between a "think-global, act-global" strategy and a "think-global, act-local" strategy.


Definitions:

Weakening

A term often used to describe a decline in the strength or value of an asset or currency.

Portfolio Investment

Investments in a variety of financial assets, such as stocks, bonds, and commodities, to diversify risks.

Direct Investment

Refers to buying and holding a significant amount of interest in a foreign company or investing in a manner that grants control over the operations and management.

Securities

Securities that signify ownership in a company listed on the stock market, a debt owed by a corporation or government entity (bonds), or entitlements to ownership through options.

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