In Order to Secure Worldwide Competitive Advantage,a Multinational Firm Should

question 14

Multiple Choice

In order to secure worldwide competitive advantage,a multinational firm should pursue all of the following objectives,except:

• A) the development of global-scale efficiencies.
• B) the development of multinational flexibility.
• C) the ability to develop innovation.
• D) maximizing market share in all subsidiaries simultaneously.

---

Definitions:

Tax-Loss Selling

The strategy of offloading securities at a loss in order to reduce the liability of capital gains tax.

Trading Pattern

The analysis of price movements in financial markets to anticipate future movements based on historical, statistical trends.

Strong-Form EMH

A theory in financial economics that states all information, public and private, is fully reflected in stock prices, implying no one can consistently achieve higher returns.

Active Management

An investment strategy where a manager makes specific investments with the goal of outperforming an investment benchmark index.