Question: Strategists should: develop rules that can stand the test of time and not require many changes. develop industry - specific capabilities to differentiate on governance

Strategists should:
develop rules that can stand the test of time and not require many changes.
develop industry-specific capabilities to differentiate on governance dimensions.
understand the formal rules that can be applied consistently when doing business abroad.
understand the nature of principal-agent and principal-principal conflicts to create better governance mechanisms.
Strategists should: develop rules that can stand the test of time

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