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Chatterbox, Inc. has enjoyed much success when entering new foreign markets. They consistently use a late-mover strategy, which offers them a particular advantage: Fewer technological
Chatterbox, Inc. has enjoyed much success when entering new foreign markets. They consistently use a late-mover strategy, which offers them a particular advantage: Fewer technological and market uncertainties than if they entered early O Proprietary and technology leadership Pre-empting competitors of scarce resources the ability to form exclusive relationships with key stakeholders such as governments Fundamental Elements, Inc, discovered a rich source of rare metals in a small country. When negotiating with the government-sponsored company who would mine these rare metals in that country. Fundamental Elements found that the company used forced labor. The CEO was outraged. In a meeting with the country's government officials, he expressed his outrage, but the government officials were offended that the CEO would dictate how they ran their country. In this case, the CEO found that he had run into a conflict with the principle of: agency theory expropriation foreign direct investment non-intervention in local affairs
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