How can an understanding of international trade theories and foreign investment theories benefit MNEs?
What will be an ideal response?
Because of the obvious significance of international trade to businesses, consumers, and workers, scholars have attempted to develop theories to explain and predict the forces that motivate such trade. Governments use these theories when they design policies they hope will benefit their countries' industries and citizens. Managers use them to identify promising markets and profitable internationalization strategies. Similarly, FDI theories help MNEs assess the advantages and disadvantages of foreign investment.
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____ is "the set of activities used to find new, hidden, or unexpected patterns in data
Fill in the blank(s) with the appropriate word(s).
A key element of extreme programming is:
A) Frequent communication among programmers, but infrequent communication with the customer. B) Understanding the problem completely before coding begins. C) A hierarchical management structure. D) Avoidance of programming features until they are actually needed.