Buy custom Global Firms Vs Multidomestic Firms
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| Topic: |
Business
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| Number of pages / Number of words: |
2 / 444 |
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Multidomestic firms have to invest in a commercial department, marketing department, human resources, finance or R & D in each of its markets.
Global stretegies benefit from the lowering of cost due to economies of scale. And the centralized R&D makes it increase in speed in the product developement...
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A global firm is an organization which has operations across geographies and where operations in one country affects or has strategic impact on the company or its operations in other areas.
There are several factors that have helped the emergance of global firms:
The falling of international trade barriers have facilitated the emerging of global firms...
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