For an MNE to Exist,first Foreign Countries Must Provide Location-Specific

question 3

True/False

For an MNE to exist,first foreign countries must provide location-specific advantages to attract the company to invest there,second the company must have ownership-specific advantages that counteract its liability of foreignness,third the company must have the organizational capability to leverage its strategic advantages more effectively internally than externally.

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Definitions:

Marriage

A legally and socially sanctioned union between individuals that establishes rights and obligations between them, as well as between them and their children, and between them and their in-laws.

Parasympathetic Nervous System

Part of the autonomic nervous system responsible for rest and digest functions, reducing heart rate, and increasing digestive activity.

Exocrine Glands

Glands that secrete substances through ducts to an external or internal surface of the body.

Endocrine Glands

Glands that secrete hormones directly into the bloodstream, where they regulate processes such as growth, reproduction, and metabolism.