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Which are not true in regards to institution-based considerations?
a. Externally, MNEs are subject to the formal institutional frameworks erected by various home- and host-country governments.
b. Host-country governments often encourage, or coerce MNEs into undertaking certain activities.
c. Strategists weigh the informal, backlash against activities which result in domestic job losses.
d. Formal organizational charts do not necessarily reveal the informal rules of the game, such as organizational norms, values, and networks.
e. To staff the position of the head of a subsidiary, MNEs, in the absence of formal regulations, essentially have only one choice: to use a home-country national as the head of a subsidiary.
Isocost Equation
An equation that represents all combinations of goods that can be purchased given a fixed cost and the prices of goods.
Input Mix
The combination of various types of inputs used in the production process.
Memo Pads
Stationery items consisting of small sheets of paper for brief notes, reminders, or messages.
Short Run
A period in which at least one input or factor of production is fixed, allowing only some inputs to change.
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