Examlex
A person who enjoys the benefits of a group's collective efforts but does not contribute
To those efforts is called a
Transnational Strategy
An approach used by businesses that involves balancing global efficiencies with local responsiveness in their operations across various countries.
Locally Responsive
The ability of a business to adapt its products, services, and operations to meet the specific demands and preferences of local markets.
Globally Integrated
Refers to entities such as economies, businesses, or systems that are interconnected and interdependent across the world.
Location Economies
The cost advantages obtained by a business due to its geographical position or the location of its resources and operations.
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