A/An ________ Would Be an Example of an Internalization Advantage

question 30

Multiple Choice

A/An ________ would be an example of an internalization advantage for an MNE.

• A) patent
• B) economy of scale
• C) unique source of raw materials
• D) possession of proprietary information

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Definitions:

Work Improvements

encompasses efforts and initiatives aimed at enhancing job performance, productivity, and satisfaction within the workplace.

Cross-cultural Communication

The process of exchanging information and understanding between individuals from different cultures, enabling effective interaction and collaboration.

Effective Principles

Fundamental norms or rules of conduct that, when followed, contribute to achieving desired outcomes efficiently and successfully.

Suggestion System

A formal mechanism within an organization where employees can submit ideas or proposals for improvements in processes, products, or overall operations.