Internalization Theory Seeks to Explain Why Firms Often Prefer Foreign

question 54

True/False

Internalization theory seeks to explain why firms often prefer foreign direct investment over licensing as a strategy for entering foreign markets.

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Definitions:

Employee Relations

An area of human resources management concerned with maintaining positive, productive, and ethical relationships between employers and their employees.

Public Relations

The professional practice of managing and guiding perceptions of individuals, companies, or organizations by the public and media.

Internal Communications

The function responsible for effective communications among participants within an organization.

Corporate Culture

Describes the shared values, beliefs, and norms that affect the behavior and decision-making of an organization's members.