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| Survey results index |
Chile-headquartered retailer Falabella is rated as Latin America’s best-managed company in this year’s survey of analysts. The Chilean retailer has been expanding its operations throughout the region and is typical of the increasingly common phenomena of multi-Latina organizations. However, Alejandro González, Falabella’s CFO, says that the company has deliberately avoided taking a regional approach to its investor relations strategy. “The retail business is mainly a local business,” he says. “One can plan globally but you must act locally in order to succeed.
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