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Are there any differences between the theory of multinational enterprises and conventional trade theory?
Conflict Theory
A sociological perspective that views social life as a competition and conflict between groups over resources and power, resulting in social order maintained by dominance and power, rather than consensus and conformity.
Inequality
The state of not being equal, especially in status, rights, and opportunities.
Verstehen
“Empathic understanding”; Weber’s term to describe good social research, which tries to understand the meanings that individuals attach to various aspects of social reality.
Symbolic Interactionism
A sociological perspective that examines how individuals interpret and respond to symbols within their social interactions, shaping their realities.
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