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MNC to "be global and act local".

Explain the need for an MNC to "be global and act local". How can a firm design the organization to enable this?

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The response addresses the queries posted in 438 words with references.
// We very well know that there is a need for every business to adopt effective strategies for effectively running the business. In the following paper, we will discuss the importance of MNCs to be global and act local. We will describe in detail the ways through which a firm can design itself for this purpose. //

MNCs' Need to be Global and Act Local

Learning from the good and bad experiences of the past, most of the MNCs know the significance of the go global and act local strategy. Being involved in global operations, they need to act local in executing their operations for smooth functioning. There are many reasons ...

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The response addresses the queries posted in 438 words with references.

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