Author Question: The total value of assets that MNEs own abroad through their investment activities is measured in ... (Read 236 times)

jc611

  • Hero Member
  • *****
  • Posts: 552
The total value of assets that MNEs own abroad through their investment activities is measured in FDI stock.
 
  Indicate whether the statement is true or false

Question 2

In a short essay, discuss why the expression Think globally, act locally oversimplifies the complexities of global competition for MNEs. What kinds of competition does the firm face as a result of following through with this advice?
 
  What will be an ideal response?



mmj22343

  • Sr. Member
  • ****
  • Posts: 297
Answer to Question 1

TRUE

Answer to Question 2

The expression Think globally, act locally oversimplifies the true complexities of today's global competition; Think globally and locally, and act appropriately better describes the reality faced by MNEs today because firms must adapt their offerings to suit the culture, laws, income level, and other specific characteristics of each countrysuch firms are known as multidomestic industries, in which competition takes place on a country-by-country basis.

Also, there is the potential for fierce competition between domestic and international units for company resources.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

For a complete list of videos, visit our video library