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Success Factors of Regional Strategies for Multinational Corporations - Appropriate Degrees of Management Autonomy and Product Adaptation (Hardcover, 2011 ed.)
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Success Factors of Regional Strategies for Multinational Corporations - Appropriate Degrees of Management Autonomy and Product Adaptation (Hardcover, 2011 ed.)
Series: Contributions to Management Science
Expected to ship within 10 - 15 working days
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This work examines the factors that drive the success of
Multinational Corporations (MNCs) in their pursuit of regional
strategies. The author develops a comprehensive regional success
factor model, by which the effects of regional management autonomy
and regional product and service adaptation on the regional success
of MNCs as well as the interaction effects of regional orientation
and inter-regional distance are investigated. The model is
evaluated by means of the partial-least-squares (PLS) method on the
basis of a survey-based inquiry of the Fortune Global 500 firms
with success indicator data for a period of nine years. The
findings highlight the importance of considering the different
degrees of contextual influence in the design of regional
strategies, where low degrees of regional management autonomy and
high levels of regional product/service adaptation are found to be
appropriate for MNCs to be regionally successful.
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