Emerging Multinationals Are Finding Ways to Succeed That Do Not

question 68

Essay

Emerging multinationals are finding ways to succeed that do not necessarily conform to the notion of OLI advantages. Describe how the LLL framework does a better job of capturing the basis of their success.

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Definitions:

Self-fulfilling Prophecy

A belief or expectation that an individual holds about a future event that manifests because the individual holds it.

Reinforced Behavior

Reinforced behavior refers to actions that are strengthened and more likely to be repeated due to positive or negative reinforcements, such as rewards or avoidance of adverse outcomes.

Social Mechanisms

Processes and structures within society that contribute to particular social outcomes, influencing how societal norms and interactions occur.

Gender Distinctions

Socially and culturally constructed differences between males and females, often based on attributes, roles, and expectations.