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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.
Core Competencies
Fundamental strengths or advantages of a business or organization that set it apart from competitors.
Turnaround
A process or strategy aimed at recovering a company from a period of poor performance and financial decline to achieve positive financial results and operational efficiency.
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