Which of the Following Best Describes the Necessary Condition(s) for Seeking

question 3

Multiple Choice

Which of the following best describes the necessary condition(s) for seeking a foreign location for investment by a European business?

• A) owning strong assets (ownership advantages)
• B) a need to retain managerial control over the use of these assets (internalization)
• C) a need to avoid competitors gaining the use of the (especially intangible) assets
• D) all of these

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Definitions:

Prospects

Potential customers or clients who have shown interest in a company's product or service.

Abilities

The inherent physical or mental capacities individuals possess, which can vary widely and impact performance in various tasks or occupations.

CEO

Chief Executive Officer, the highest-ranking individual in a company or organization, responsible for making major corporate decisions.

New Product

A good or service that has recently been introduced to the market and was not available to consumers before.