There is no effective strategy developed yet for global companies is to control costs while catering to local market tastes.

Name: There is no effective strategy developed yet for global companies is to control costs while catering to local market tastes.
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Question

Quizplus · Accepted Answer

Global companies often use a strategy called "glocalization," which involves adapting products and services to fit local tastes and preferences while leveraging global efficiencies to control costs.

There Is No Effective Strategy Developed Yet for Global Companies