As an alternative to balancing the trade-off between global strategy and multi-domestic strategy, many MNCs have employed a so-called regional strategy.

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This statement is true. Many multinational corporations have adopted a regional strategy, which involves customizing their operations to fit the particularities of different regions while still maintaining a level of integration and coherence across the entire company. This approach helps MNCs take advantage of economies of scale while also being responsive to local needs and preferences.

As an Alternative to Balancing the Trade-Off Between Global Strategy