Three Prerequisites That Must Be Satisfied Before a National Firm

question 31

Multiple Choice

Three prerequisites that must be satisfied before a national firm can transform itself into a multinational firm include:

• A) scale-based advantages, ownership-specific advantages, and contractual capabilities.
• B) location-specific advantages, ownership-specific advantages, and organizational capabilities.
• C) scale-based advantages, ownership-specific advantages, and organizational capabilities.
• D) location-specific advantages, knowledge advantages, and organizational capabilities.

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Definitions:

Growth

The process of increasing in physical size, intellectual capacity, maturity, or the expansive development of an organism or entity over time.

Fetal

Pertaining to the developing human within the womb, especially beyond the eighth week after conception.

Developmental Psychologist

A professional who studies the psychological growth and changes that occur throughout a person's life, focusing on cognitive, social, and emotional development.

Newborns

Infants in their first few hours to weeks of life, characterized by rapid physiological and developmental changes.