Chapter 8

<p>It has over 51% equity held by family members. (C)</p> Signup and view all the answers

<p>Startups that rapidly achieve global reach from inception. (A)</p> Signup and view all the answers

<p>Managing competitive advantages. (D)</p> Signup and view all the answers

<p>Offering local experiences and activities. (C)</p> Signup and view all the answers

<p>Cargill (B)</p> Signup and view all the answers

<p>They are based in fast-growing emerging markets. (D)</p> Signup and view all the answers

<p>Weaker marketing skills. (A)</p> Signup and view all the answers

<p>Competing against advanced country MNCs. (D)</p> Signup and view all the answers

<p>They have origins in a fast-growing emerging market. (B)</p> Signup and view all the answers

<p>Globally born MNCs. (C)</p> Signup and view all the answers

<p>They may prioritize long-term business interests over quick profits. (A)</p> Signup and view all the answers

<p>Cross-border acquisitions and foreign direct investment. (D)</p> Signup and view all the answers

<p>Limited technological resources. (D)</p> Signup and view all the answers

<p>They achieve a certain level of internationalization between year 3 to 5. (B)</p> Signup and view all the answers

<p>By acquiring existing companies and forming partnerships. (A)</p> Signup and view all the answers

<p>Mrs. Baird's (A)</p> Signup and view all the answers

<p>A fully integrated digital consumer experience. (C)</p> Signup and view all the answers

<p>Spain and Portugal (C)</p> Signup and view all the answers

<p>By translating the platform and adjusting local policies. (B)</p> Signup and view all the answers

<p>Ability to attract worldwide talent. (B)</p> Signup and view all the answers

<p>Dependence on government subsidies. (C)</p> Signup and view all the answers

Multinational companies based in emerging markets, rapidly expanding internationally through FDI and cross-border acquisitions.

Multinational corporations originating from emerging markets.

Foreign Direct Investment across international borders.

Buying or taking over companies in other countries.

The process of expanding a business's operations into international markets.

Abilities in promoting and selling products globally.

Application of scientific knowledge for practical purposes.

Large Mexican baking company that has become a global player.

Bimbo Group's expansion process into foreign markets, progressively establishing operations through various acquisitions and partnerships.

Bimbo Group's initial foray into international markets, focusing on Latin American countries in the 1960s and 1970s.

Acquisition of Mrs. Baird's in 1996, signaling Bimbo Group's entry into the US market.

Bimbo Group's expansion within the US market by acquiring brands like Entenmann's and Thomas' English Muffins, and Sara Lee.

Bimbo's addition to the European market in 2011 with the acquisition of Panrico.

Multinational corporations (MNCs) that achieve significant internationalization within 3-5 years, often aided by digital business models.

A business model reliant on digital technologies for most of its operations, allowing for cost optimization and worldwide talent attraction.

Airbnb's global expansion from a US-focused company, adapting to local cultures and regulations through translations and policy adjustments.

Companies that start as multinationals, operating in multiple countries from inception.

Multinational Corporations (MNCs) with at least 51% of ownership held by family members or family-controlled entities.

Rules and guidelines within families that manage succession and decision-making in family-owned companies.

A well-known international pharmaceutical company.

Maintaining control and leadership of family owned businesses when ownership changes to a different generation.

An American multinational company focused on agriculture and food.

Expanding a business into new product areas or markets to reduce risk and increase revenue.