Which of the following is true of international firms considering foreign expansion?
A. The timing and scale of entry of foreign expansion are minor details in comparison with the choice of foreign market.
B. The long-run economic benefits of doing business in a country are solely a function of the country's population size.
C. If the firm's core competence is based on proprietary technology, entering a joint venture might risk losing control of that technology to the joint-venture partner.
D. The costs and risks associated with foreign expansion are higher in economically advanced nations.
E. Politically unstable and less developed nations offer favorable benefit-cost-risk trade-off conditions.
C
You might also like to view...
With the regression function, the area of variation that represents changes due to general
economic factors that affect an industry is A) trend line. B) noise. C) seasonal. D) cyclical. E) economic.
In Davis v. Baugh Industrial Contractors, the traditional common law rule prevented a party who accepted a completed construction project from later suing the contractor for flaws in construction that caused injury to others. In reviewing such a case, the Washington state high court held that the rule was no longer sensible in modern times because:
a. contractors no longer sign liability release forms b. contractors are no longer considered trustworthy people compared to in earlier years c. construction has become complex so landowners cannot be expected to recognize substandard performance d. contractors no longer work directly with landowners e. contractors will do substandard work if they are not held accountable even after a project is completed