Which of the following is true with regard to firm-level theories?
A) Firm-level theories are classical theories, widely accepted since the sixteenth century.
B) Firm-level explanations address the question: How can internationalizing firms gain and sustain competitive advantage?
C) Firm-level explanations address the question: Why do nations trade?
D) Firm-level theories do not address the issue of organizational performance.
Question 2
Most companies cite cost cutting as the main reason for global sourcing.
Indicate whether the statement is true or false
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true story
J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo
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