Answer the following statements true (T) or false (F)

1. Configuration refers to one aspect of a multinational company's global strategy whereby all of its processes are either consolidated in one location or located across several countries.
2. The coordination dimension of global strategy refers to a multinational company's decision to standardize its practices across location, (e.g., similar compensation, staffing, and training practices).
3. In a multinational corporation, if formal labor relations processes and structures are centralized, local managers should build networks across the entire organization to facilitate coordination and training.
4. Financialization has elevated the role of financial institutions as influential players in corporate governance and governmental sovereignty.


1. TRUE
2. TRUE
3. FALSE
4. FALSE

Business

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