Configuration refers to one aspect of a multinational company's global strategy whereby all of its processes are either consolidated in one location or located across several countries.

Configuration

The arrangement or set-up of components or elements in a particular form or structure.

Multinational Company

A corporation that operates in several countries but has its headquarters in one country, often involved in producing and selling goods or services in various markets.

Global Strategy

A business approach that considers the world as a single market, focusing on developing standardized products or services to achieve economies of scale.