According to the notion of "think locally,act globally," a business organization would emphasize the synergy created by serving multiple markets globally,but formulate a distinct competitive strategy for each specific market that is tailored to its unique situation.

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The phrase "think globally, act locally" refers to the strategy of considering the global implications of actions while tailoring strategies to fit local conditions, not the other way around.

According to the Notion of "Think Locally,act Globally," a Business