Explain the choice of strategy for a multinational firm

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"The choice of strategy for a multinational firm must depend upon a comparison of the benefits of that strategy (in terms of value creation) with the costs of implementing that strategy (as defined by organizational architecture necessary for implementation). On this basis, it may be logical for some firms to pursue a localization strategy, others a global or international strategy, and still others a transnational strategy." Is this statement correct? Support your opinion

Reference no: EM1360934

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