When MNEs Go Abroad,they Generally Do So for Two Major

question 55

True/False

When MNEs go abroad,they generally do so for two major reasons.There could be massive competition in the home market or firms may genuinely identify new business opportunities abroad based upon the company's competitive advantage in production,technology and management.

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Definitions:

Aggregate Planning

The process of creating a production plan to meet demand over a medium-term horizon while minimizing costs.

Production Level

The quantity of goods or services produced within a specified period by a company, factory, or manufacturing plant.

Forecast Errors

Discrepancies between predicted values and actual outcomes in forecasting, which can arise due to unexpected market changes or inaccurate data.

Aggregate Planning

A marketing activity that ensures supply meets demand by adjusting production rates, workforce levels, and inventory stock.