Author Question: According to mercantilism, a nation's wealth is determined by its holdings of gold and silver. ... (Read 60 times)

luminitza

  • Hero Member
  • *****
  • Posts: 555
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?


fromAlphatoOmega22

  • Sr. Member
  • ****
  • Posts: 345
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

For a complete list of videos, visit our video library