Firms pursuing a transnational strategy increasingly are using management development as a strategic tool.

Question

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This statement is true. Firms pursuing a transnational strategy often have employees across multiple countries and regions, which requires a strong focus on management development to build a cohesive and effective leadership team. Management development can help ensure that leaders have the necessary skills and knowledge to operate in a global context, effectively manage diverse teams, and navigate cultural differences.

Firms Pursuing a Transnational Strategy Increasingly Are Using Management Development