Author Question: The total value of assets that MNEs own abroad through their investment activities is measured in ... (Read 238 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?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

For a complete list of videos, visit our video library