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?

    <p>Risk diversification</p> Signup and view all the answers

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

    <p>Values</p> Signup and view all the answers

    What guides a culture's behavior and preferences?

    <p>Values</p> Signup and view all the answers

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