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International Business: Strategy, Management, and the New Realities. 3. Strategy in International Business. Strategy is a plan of action that channels an organization\'s resources so that it can effectively differentiate itself from competitors and accomplish unique and viable goals. Strategy in an international context is a plan for the organization to position itself vs. its competitors, and resolve how it wants to configure its value chain activities on a global scale. Firms that aspire to b30416

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