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Global-Local (Glocal) Creation Of Value-Added

Author

Listed:
  • Frantz Datry

    (Laboratoire de Recherche Magellan - UJML - Université Jean Moulin - Lyon 3 - Université de Lyon - Institut d'Administration des Entreprises (IAE) - Lyon, ISEOR - Institut de Socio-économie des Entreprises et des ORganisations - Institut de socio-économie des entreprises et des organisations)

  • Amandine Savall

    (ISEOR - Institut de Socio-économie des Entreprises et des ORganisations - Institut de socio-économie des entreprises et des organisations)

Abstract

The challenge of balancing the needs of short-term economic results and sustainable involvement of organizational actors is a common issue for any company. In the case of listed multinational corporation subsidiaries, this issue takes on a more significant place. The management methods in these particular subsidiaries are usually based on a two-fold dimension: one is global at the international group's level; and the other is local at the country level. Corporate brand strategy and profitability objectives are usually decided at the global level. Then, the sales and marketing strategy is adapted by the subsidiary's top management to meet local market requirements and to clear sufficient profit to keep some of it at the local scale, after serving the international group's appetite.

Suggested Citation

  • Frantz Datry & Amandine Savall, 2015. "Global-Local (Glocal) Creation Of Value-Added," Post-Print hal-01140627, HAL.
  • Handle: RePEc:hal:journl:hal-01140627
    as

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