A MNE taking a global approach to its operations and recognizing that each HQ and subsidiary makes a unique contribution with unique competence is described as:

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Quizplus · Accepted Answer

A geocentric MNE takes a global approach to its operations and recognizes that each HQ and subsidiary brings unique competencies that are valuable for the entire organization. This type of MNE balances the needs of global integration with the needs for local responsiveness, allowing for a more efficient and effective global operation. Regiocentric MNEs focus on specific regions and treat each region as a unique entity, while polycentric MNEs prioritize local responsiveness over global integration, and multicentric MNEs operate with multiple centers of excellence that each focus on specific business functions.

A MNE Taking a Global Approach to Its Operations and Recognizing