Asked by Rachel Sanchez on Jul 21, 2024
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A typical characteristic of polycentric organizations is vigorous communication between foreign subsidiaries.
Polycentric Organizations
Organizations that adopt a strategy where they tailor their operations and management to fit the local conditions and cultures in each country they operate in.
Vigorous Communication
Vigorous communication refers to a dynamic and energetic form of exchange of information, often characterized by passion, clarity, and conviction.
Foreign Subsidiaries
Companies that are partially or wholly owned by a parent company but operate in a country different from where the parent company is headquartered.
- Understand the differences between myths and realities in international commerce.
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Learning Objectives
- Understand the differences between myths and realities in international commerce.
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