Dunning's theory of international production proposed that for a firm to invest in facilities overseas, it must have three kinds of advantages: ownership specific, location specific, and _______.

Fill in the blank(s) with the appropriate word(s).


internalization

Dunning's theory of international production proposed that for a firm to invest in facilities overseas, it must have three kinds of advantages: ownership specific, location specific, and internalization. Note: the third advantage is not internationalization.

Business

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It is not necessary to provide an area on the performance report for a manager's reasons for variances

Indicate whether the statement is true or false

Business

What important information is conveyed by the margin of safety calculation in CVP analysis?

Business

Nick is admitted to an existing partnership by investing cash. Nick agrees to pay a bonus for his ownership interest because of the past success of the partnership. When Nick's investment in the partnership is recorded

A) his capital account will be credited for more than the cash he invested B) his capital account will be credited for the amount of cash he invested C) a bonus will be credited for the amount of cash he invested D) a bonus will be distributed to the old partners' capital accounts.

Business

An area's level of saturation can be calculated by examining average sales per retail store, store sales per capita, and sales per square foot of selling area

Indicate whether the statement is true or false

Business