To Exploit Monopolistic Advantages, an MNC Should

question 62

Multiple Choice

To exploit monopolistic advantages, an MNC should:

• A) acquire a competitor that has controlled its local market.
• B) establish a subsidiary or acquire a competitor in a new market.
• C) establish a subsidiary in a market where tougher trade restrictions will adversely affect the firm's export volume.
• D) establish subsidiaries in markets where competitors are unable to produce the identical product.

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Definitions:

Personnel Supply

Availability of workforce that an organization can tap into to meet its human resource requirements.

Linear Programming

A mathematical method used to determine the best possible outcome or solution from a given set of parameters or constraints.

Personnel Supply

The availability of qualified candidates for employment within the labor market to meet an organization's staffing needs.

Markov Model

A stochastic model used to predict the probability of various states and their transitions over time, often utilized in decision-making processes.