GK
HUMAN RESOURCE MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -Some of the established theories on internationalization were the monopolistic advantage theory, the internalization theory, and the eclectic theory (paradigm) (Ruzzier, Hisrich & Antoncic, 2006). These three theories are the dominant approaches in traditional multinational enterprises studies.
Detailed explanation-2: -The Uppsala model predicts that change in a firm’s internationalization process occurs through (1) intermittent decision processes related to committing/not-committing resources and (2) changes in continuous knowledge development processes through learning, creating, and trust building.
Detailed explanation-3: -Internalization decisions address the share in capital that is chosen for entry, i.e., entry by a minority or majority joint venture or a fully-owned subsidiary. Internationalization decisions relate to investing a certain amount of capital at entry, i.e., entering by a smaller or larger subsidiary.