As a company becomes more globalized, it typically progresses through several stages: initial domestic focus, followed by international expansion, and eventually reaching a transnational or global mindset. In the early stages, operations are primarily local, with limited international engagement. As globalization advances, companies adapt their strategies to accommodate diverse markets, often requiring more complex supply chains and cultural considerations. Ultimately, they aim for a seamless integration of operations across borders, leveraging global efficiencies while maintaining local responsiveness.
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