Examlex
When an MNC assesses targets among countries, it would prefer a country in which the growth potential for its respective industry is high and the competition within the industry is not excessive.
Implement Change
This involves executing strategies or actions to alter the current state of an organization or system to achieve desired improvements or adaptations.
Open System
A system that receives inputs from its external environment.
External Environment
Factors outside an organization that can affect its operations and success, including economic, political, social, and technological influences.
Organizational System
A structured arrangement of people, processes, and technology designed to achieve specific goals within a company.
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