The phrase think global, act local is a winning formula when it comes to leveraging multinational presence.

Question

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This phrase encourages companies to have a global perspective while taking action at a local level, which is a successful approach for multinational companies to effectively use their presence in different markets. Thinking globally allows a company to leverage its multinational presence, while acting locally allows it to adapt to the specific needs and preferences of each local market. This combination can lead to success in international business.

The Phrase Think Global, Act Local Is a Winning Formula