____________ Refer(s)to the Additional Costs of Doing Business in an Unfamiliar

question 12

Multiple Choice

____________ refer(s) to the additional costs of doing business in an unfamiliar cultural and economic environment.

• A) International strategy
• B) National institutions
• C) National cultures
• D) Liabilities of foreignness

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Definitions:

Dynamic Environment

A situation or place characterized by constant change, activity, or progress, which can affect individuals, businesses, or ecosystems.

Resource Dependence

A theory that describes how external resources of an organization can influence its behavior and strategies.

Environmental Uncertainty

The lack of predictability and stability in an environment, making it difficult for organizations to forecast future conditions.

Resource Dependence

This concept outlines how external resources affect the behavior and strategies of organizations, underlining the dependency on external actors for resources needed to operate.