As the standard of living rises in emerging economies, MNEs are hoping that Blank______.Multiple choice question.they can reduce their presence in foreign countries and let new businesses take their placemore people will like them and have the means to become shareholdersincreased purchasing power will enable workers to purchase the products previously made only for exportmore companies engage in strategic actions that allow them to compete globally
Question
As the standard of living rises in emerging economies, MNEs are hoping that Blank______.Multiple choice question.they can reduce their presence in foreign countries and let new businesses take their placemore people will like them and have the means to become shareholdersincreased purchasing power will enable workers to purchase the products previously made only for exportmore companies engage in strategic actions that allow them to compete globally
Solution
The correct answer is: increased purchasing power will enable workers to purchase the products previously made only for export.
This is because as the standard of living rises in emerging economies, people have more disposable income. This increased purchasing power can lead to higher demand for products, including those produced by multinational enterprises (MNEs). Therefore, MNEs would hope that these individuals can now afford to buy the products that were previously only made for export.
Similar Questions
MNEs pursuing a multidomestic strategy hope that Blank______.Multiple choice question.local consumers will perceive them to be a domestic companythe firm can save money due to lower international tax rateslocal consumers will perceive them to be a foreign companycompetitors will be overwhelmed by the financial means of the firm
Companies seek to access international markets as a means of Blank______.Multiple choice question.avoiding competitionincreasing their economic value creationparticipating in a uniform marketdeveloping transnationalism and ethnocentrism
What is NOT the purpose for firms to become the MNEs? Group of answer choicesTo reduce costs, e.g. labour or transportationTo gain higher profits from internationalization rather than licensingTo promote environmental sustainabilityTo take advantage of government grants/ to minimize taxes
Multinational enterprises need an effective global strategy in order to Blank______.Multiple choice question.employ more people for less payreinforce political and religious viewsdiscourage foreign direct investmentachieve a competitive advantage against other companies
Which of the following is true of multinational corporations (MNCs)?Multiple ChoiceThey are the highest level of international business involvement.They decrease the gap between rich and poor nations.They have significant ties to specific nations or regions.They usually have lesser assets than the countries in which they operate.They are less complicated than corporations.
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.