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Chapter 1: Reasons for MNC Market Expansion

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Chapter 1: Reasons for MNC Market Expansion

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Questions and Answers

What is the main reason for businesses to expand internationally to new markets?

Economies of scale (correct)

Revenue diversification

Competitive advantage

Risk diversification

Which aspect of culture can shape the way people think?

Language (correct)

Practices

Values

Beliefs & Norms

What is a key component of business culture in an MNC?

Organizational culture (correct)

National culture

Practices

Values

How does operating in multiple countries help businesses?

Risk diversification Signup and view all the answers

Which level of culture in an MNC focuses on specific rules of doing things at jobs or industries?

Values Signup and view all the answers

What guides a culture's behavior and preferences?

Values Signup and view all the answers

Chapter 1: Reasons for MNC Market Expansion

Choose a study mode

Podcast

Questions and Answers

What is the main reason for businesses to expand internationally to new markets?

Which aspect of culture can shape the way people think?

What is a key component of business culture in an MNC?

How does operating in multiple countries help businesses?

Which level of culture in an MNC focuses on specific rules of doing things at jobs or industries?

What guides a culture's behavior and preferences?

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