The Two Sets of Pressures That Multinational Enterprises (MNEs)confront Are

question 34

Multiple Choice

The two sets of pressures that multinational enterprises (MNEs) confront are _____.

• A) formal institutions and informal institutions
• B) cost reduction and local responsiveness
• C) liability of foreignness and investment risk
• D) explicit knowledge and tacit knowledge

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Definitions:

Politics

The process of determining who gets what, when, where, and how.

Band

A relatively small and loosely organized kin-ordered group that inhabits a specific territory and that may split periodically into smaller extended family groups that are politically independent.

Resolving Disputes

The process of finding a peaceful solution to a disagreement among parties, which can involve negotiation, mediation, arbitration, or legal actions.

Mobility

The ability to move or be moved freely and easily, often referring to the movement of people across places and spaces.