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For firms, what are NOT opportunities due to the globalization of the world economy? a. Ability to gain costs advantages through economies of scale b.

For firms, what are NOT opportunities due to the globalization of the world economy? a. Ability to gain costs advantages through economies of scale b. Wider access to resources c. Wider scope of markets d. Cultural complexity 2. Why firms internationalize? Please select WRONG answer a. It helps capture new market opportunities b. It helps secure a variety of resources c. It helps have competitive positions in the marketplace d. It helps neutralize business risks 3. What are NOT the institutional voids in emerging countries? a. Political and social systems b. Access to products markets c. Access to labor markets d. Different cultures 4. Why emerging countries are so important for companies? Please select WRONG answer a. Easily sense and seize business opportunities b. Benefit from market imperfections c. Privileged access to scarce resources d. Potential for high growth 5. What are NOT effects of corruption on firms? a. Reduction in work productivity as a result of demotivation b. Skews public capital expenditures c. Losses of integrity inside the bribe-giving companies: employees d. Discourage domestic and foreign direct investment

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