MNCs face a fundamental strategic dilemma when competing internationally. Explain the complexities of the global-local dilemma facing multinational organizations. Compare and contrast the local-responsiveness solution and global integration solution.

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MNCs face a fundamental strategic dilemma when competing internationally. Explain the complexities of the global-local dilemma facing multinational organizations. Compare and contrast the local-responsiveness solution and global integration solution. Do not forget to mention multi-domestic strategy, transnational strategy, international strategy, and regional strategy in your answer. Please answer in 200 words or more. Reference: Cullen, J.B., & Parboteeah, K.P. (2014). Multinational management: A strategic approach (6th ed.). Mason, OH: South-Western.

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