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Author Question: According to mercantilism, a nation's wealth is determined by its holdings of gold and silver. ... (Read 68 times)

luminitza

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on: Jul 7, 2018
According to mercantilism, a nation's wealth is determined by its holdings of gold and silver.
 
  Indicate whether the statement is true or false

Question 2

Briefly explain the strategic imperatives that motivate an organization to engage in international business.
 
  What will be an ideal response?
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fromAlphatoOmega22

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Reply #1 on: Jul 7, 2018
Answer to Question 1

TRUE

Answer to Question 2

There are several motivations for engaging in international business. Some organizations are motivated by a desire to leverage core competencies. Others enter international markets to acquire resources and supplies, such as, materials, labor, capital or technology. Seeking new markets is also a common reason for international expansion. Additionally, some organizations may enter international markets to better compete with rivals.


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