Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1. In the international business strategy, there are two important dimensions: pressures for cost reductions (or global integration force) and pressures for local responsiveness (or
1. In the international business strategy, there are two important dimensions: pressures for cost reductions (or global integration force) and pressures for local responsiveness (or local responsiveness force). Why are these two dimensions important? Please answer it with considerations about the nature of multinational firms and the meaning of foreign direct investment. 5 pts
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Hotel Operations Management
Authors: David K. Hayes, Jack D. Ninemeier, Allisha A. Miller
3rd edition
013433762X, 9780134342641 , 978-0134337623
