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3 According to C.K. Prahalad, a global firm is in the third stage of globalization when it Produces goods in one country and exports them

3 According to C.K. Prahalad, a global firm is in the third stage of globalization when it Produces goods in one country and exports them to other countries Establishes a foreign subsidiary to handle the experts from its home country Sets up operations in other countries Locates its core corporate functions and top executives in different countries

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