Firms must exploit experience-based cost economies

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In today's environment, competitive conditions are so intense that to survive in the global market, firms must exploit experience-based cost economies and location economies, they must transfer core competencies within the firm, and they must do all of this while paying attention to pressures for local responsiveness. Thus, when does a transnational strategy make sense? How does the Internet positively or negatively affect transnational strategy and global strategy?

Reference no: EM13734563

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