Many MNCs Are 'Captives of Their History' Because

question 17

Multiple Choice

Many MNCs are 'captives of their history' because

• A)structure follows strategy, and their original strategies may now be irrelevant.
• B)once you have established them successfully, it is hard to change both international structures and strategies.
• C)strategy follows structure, so they have to adapt their global strategies to the reality of global political structures.
• D)a and b.

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Definitions:

Expansion Funding

Capital raised to support the growth initiatives of a business, which may include entering new markets or increasing production capacity.

Management Failure

The inability of a company's management to make the correct decisions or to implement strategies effectively, leading to poor performance.

Regulatory Changes

Adjustments or modifications in laws and regulations that affect how businesses operate.

Competitive Pressure

The influence exerted by competing businesses in a market, driving companies to improve products, services, and efficiency.