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:

Marginal Cost

The rise in expenses incurred by the production of an extra unit of a product or service.

Competitive Market

A market structure characterized by a large number of buyers and sellers, where no single participant has significant market power.

Sales Volume

The quantity of goods or services sold by a company within a specific period.

Price

The quote of currency expected, called-for, or donated as payoff for something.