When MNEs Go Abroad,they Generally Do So for Two Major

question 55

True/False

When MNEs go abroad,they generally do so for two major reasons.There could be massive competition in the home market or firms may genuinely identify new business opportunities abroad based upon the company's competitive advantage in production,technology and management.

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Definitions:

Age Stereotypes

Preconceived beliefs or assumptions about individuals based solely on their age, often leading to discrimination or bias.

Stereotypes

Stereotypes are oversimplified and generalized beliefs about a particular group of people or things, often leading to misconceptions and biases.

Individual Differences

Are the ways in which people are similar and how they vary in their thinking, feeling, and behavior.

Self-Fulfilling Prophecy

Creating or finding in a situation that which one expected to find in the first place.