Explain How the Two Opposing Forces Facing MNC Managers (Cost

question 44

Essay

Explain how the two opposing forces facing MNC managers (cost reduction and local adaptation)create pressures to operate with a global or multidomestic strategy,respectively.

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Definitions:

Common Law Doctrine

A Common Law Doctrine is a rule or principle established from precedent, derived from court decisions, rather than statutes or written law.

Castle

A large, fortified residence or stronghold, historically used by nobility or royalty for protection and as a symbol of power.

Traditional Categories

Established or conventional classifications used to organize concepts, items, or practices according to common characteristics.

Property Crime

A category of crime that involves the theft, damage, or illegal possession of someone else's property.