The Core Competency That Explains FDI Activity Is

question 24

Multiple Choice

The core competency that explains FDI activity is:

• A)the free flow of financial resources across national borders.
• B)the ability of MNCs to make skilled investments in foreign real and financial assets.
• C)the ability of MNCs to evaluate political and currency risks.
• D)the willingness of investors to take chances on risky investments.

Explain the effects of short-run profit on market dynamics and long-run equilibrium in price-taker industries.

Analyze the impact of changes in demand and supply on market prices and output in the short and long run.

Describe the conditions for long-run equilibrium in price-taker markets and the concept of economic profit.

Identify the factors that determine the long-run supply curve's shape in different types of industries.

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Definitions:

Supply Chain Efficiency

The effectiveness with which a supply chain operates, aiming to minimize costs and waste while maximizing speed and quality.

Implied Uncertainty

The uncertainty in outcomes or future conditions that is suggested or inferred but not explicitly stated or known.

Cost-Responsiveness Efficient Frontier

An analytical concept in supply chain management that shows the trade-off between the cost of a supply chain and its responsiveness to customer demands.

Responsiveness

The ability of a business or system to quickly and effectively adapt to changes in demand or conditions.