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The Emergence and Impact of MNC Centres of Excellence explores an important new element in the development of the multinational corporation. While previously the parent company was seen as the centre, and the foreign subsidiaries as the periphery, it is today recognised that different subsidiaries have different roles and are linked to each other in a complicated pattern. One crucial aspect of this is that some subsidiaries become 'centres of excellence' (COE) controlling resources, such as having distinct competencies in business activities on which other parts of the corporation depend for their operations. This book investigates the existence of COEs in different countries, examining why they emerge and analysing their impact on corporate strategy.
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