The Dynamic Capability Theory States That for a Firm to Invest

question 1

True/False

The dynamic capability theory states that for a firm to invest overseas, it must have three kinds of advantages: ownership specific, internalization, and location specific.

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Definitions:

Cities

Urban areas with high population density and infrastructure, serving as centres of politics, economics, culture, and social interactions.

Population Replacement Levels

The fertility rate at which a population exactly replaces itself from one generation to the next, without migration.

Play Group

A small, informal group of children who play together, typically without adult organization or supervision.

Socializing Opportunities

Chances or situations that allow individuals to interact and communicate with others, facilitating the exchange of ideas, norms, and values.