Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Why are costs normally higher for MNCs (Multi-National Corporations) than for purely domestic firms? Please explain MORE informations about one of each reasons ...? reason

Why are costs normally higher for MNCs (Multi-National Corporations) than for purely domestic firms?

Please explain MORE informations about one of each reasons ...?

reason 1.Monitoring managers of distant subsidiaries in foreign countries is more difficult.

reason 2.Foreign subsidiary managers raised in different cultures may not follow uniform goals.

reason 3.Sheer size of larger MNCs can create large agency problems.

reason 4.Some non-U.S. managers tend to downplay the short-term effects of decisions.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management Fundamentals

Authors: Robert N. Lussier

4th Edition

0324569645, 978-0324569643

More Books

Students also viewed these General Management questions

Question

It is easier to tame ideas down than to think ideas up.

Answered: 1 week ago