strategic approaches 1

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1.  Briefly comment on the fact that a modern-day company that does not want to participate in global competition may be gradually digging its own grave.

2.  Distinguish between the terms “Think-Local, Act-Local,” “Think-Global, Act-Global,” and “Think-Global, Act-Local” strategic approaches.

Pls, Both question should not be more than a page. 1 reference

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