Question: Explain the differences between a think-global, act-global strategy and a think-global, act-local strategy. Why is it pertinent in evaluating a diversified company's business lineup to

Explain the differences between a "think-global, act-global" strategy and a "think-global, act-local" strategy. Why is it pertinent in evaluating a diversified company's business lineup to rank a diversified company's businesses on the basis of their future performance prospects? (Write in third person)

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