Which of the Following Does the Institution-Based View of Global

question 71

Multiple Choice

Which of the following does the institution-based view of global business lay emphasis on? 

• A) Acquiring resources that belong to the host nation 
• B) Consolidating the internal assets of a firm 
• C) Focusing on the capabilities of the firm's headquarters 
• D) Understanding the laws and values of the firm's host nation

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Definitions:

Price Discriminate

The practice of selling the same product to different customers at different prices, based on what each customer is willing to pay.

Profit Earn

The income a business receives after all expenses and costs are subtracted from total revenue.

Price Discrimination

The practice of charging different prices for the same product or service to different consumers, based on their willingness to pay.

Pure Monopoly

refers to a market structure where a single company or entity has exclusive control over a particular good or service, eliminating direct competition.