17. Internationalization is the channel through which enterprises can effectively transfer and acquire resources and knowledge, and it is only through the effective management of these channels that synergies can be achieved and competitive advantages achieved.
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16. Transnationalization strategies are easier to implement. Firms need both strong centralization and coordination to achieve efficiency and decentralization to increase flexibility so that products or services can respond to the characteristics of local markets, and it is not difficult to combine dispersed and specialized resources into an organic whole.
15. The potential risk of a globalization strategy lies in the loss of flexibility and learning capacity in achieving global efficiency. For example, concentrating R&D to gain efficiency may stifle the ability of national subsidiaries to develop new products; be unresponsive to local markets, etc.
14. The risk of a multinational strategy is that the allocation of resources is too fragmented to take advantage of economies of scale and scope, while at the same time it does not take advantage of the knowledge and capabilities of other countries, and does not allow for synergies and duplication of investment and R&D.
13. Strategies with a high degree of local responsiveness and a low degree of global integration are called globalization strategies, strategies with a low degree of local responsiveness and a high degree of global integration are called multinationalization strategies, and strategies with a high degree of both local responsiveness and global integration are called transnationalization strategies.