Question
9. Differences between domestic and multinational corporations A collection of business firms, usually with a financial institution at the lead, designed to provide the integrated
9. Differences between domestic and multinational corporations
A collection of business firms, usually with a financial institution at the lead, designed to provide the integrated production and sale of the organizations products is called (An industrial group, an integrated corporation, a pyramid, or a multinational corporation)? (Pick one)
Based on your understanding of the differences between U.S. and foreign businesses, which of the following statements is correct? Check all that apply.
-The sovereignty of the different countries in which a multinational firm operates (with their ability to create idiosyncratic laws and manage their own unique economies) requires managers to be extremely knowledgeable about these differences and adept at creating a business organization that can be profitable when operating in them.
-Examples of the operational constraints that a host government can impose on foreign firms include regulations that apply to the employment and treatment of domestic and foreign employees, the availability of bank accounts for foreign nationals, and the freedom of foreign firms to own real estate.
-It is reasonable to assume that the governments objectives and level of involvement in the product and financial markets are the same in all countries.
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