Ron is a business manager at a small textile company that has recently entered the global market. Ron believes each individual country organization should be operated as a profit center. This is an example of:

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Ron's belief that each individual country organization should be operated as a profit center is indicative of a multidomestic strategy, where the company allows each country unit to operate independently and adapt to local market conditions. This approach emphasizes decentralization and local responsiveness, which is in contrast to the centralization and standardization of a global strategy. Nationalization refers to when a government takes ownership or control of a company or industry, globalization refers to the integration of economies and cultures across the world, glocalization refers to adapting global products or services to local markets, and cultural divergence refers to the growing differences in cultures between regions.

Ron Is a Business Manager at a Small Textile Company