International Firms Create Value by

question 84

Multiple Choice

International firms create value by

• A)transferring products and competencies overseas.
• B)realizing experience curve and location economies.
• C)focusing on local responsiveness.
• D)concentrating on repatriation.

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Definitions:

Dual Accountability

The concept where an individual or entity is held responsible to two different authorities or sets of standards.

Establishing Controls

The process of implementing procedures or systems to manage, regulate, and guide activities within an organization, ensuring that objectives are met.

Assessing Skills

The process of evaluating one's abilities and competencies in various areas to identify strengths and development needs.

Leadership

The act of guiding or influencing a group towards the achievement of goals.