ECONOMICS
ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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It increases corruption
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It decreases corporation tax paid by small firms
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It allows small firms to export more
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It decreases injections into the economy
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Detailed explanation-1: -Multinational corporations choose from among four basic international strategies: (1) international (2) multi-domestic, (3) global, and (4) transnational. These strategies vary depending on two pressures; 1) on emphasizing low cost and efficiency and 2) responding to the local culture and needs.
Detailed explanation-2: -Insourcing and purchasing foreign competition are two strategies commonly used by multinational companies of all types.
Detailed explanation-3: -Standardization Versus Localization. Competitive Pricing. Forming Strategic Alliances. Electronic Distribution Channels.
Detailed explanation-4: -Identify the best-matched emerging markets for your product. Understand your operating market. Discover consumer needs. Rethink business models. Be prepared for obstacles. Engage consumers. Settle in for the long haul. 17-Sept-2013