Both multinational and global companies use regionalized organizations.

Question

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Both multinational and global companies use regionalized organizations as a way to adapt to local cultural and business environments, decentralize decision-making, and improve operational efficiency. By dividing the world into geographic regions, these companies can create specialized teams that are better equipped to deal with local market conditions, regulatory requirements, and consumer preferences. Regionalization also allows companies to tap into local talent pools, build closer relationships with customers, and establish a stronger presence in each region they operate in.

Both Multinational and Global Companies Use Regionalized Organizations