How useful is the concept of `dominance’ effects?
What will be an ideal response?
This issue is a controversial one. Some observers, such as Smith and Meiskins (1995), argue that it captures a key dynamic within the international economy, but the concept has been criticised on a number of grounds, particularly that it exaggerates the way in which countries consist of one model of production or service provision. An interesting application of the idea of dominance effects which draws on data from US, Japanese and German MNCs is Pudelko and Harzing (2007).
You might also like to view...
Which of the following is the best statement of a goal?
A. Give your very best effort. B. Get through most of those reports by 9/1. C. Increase customer satisfaction. D. Reduce production errors by 10 percent by the end of the quarter. E. Be late to work less often.
The direct approach is also known as the "big bang" or "cold turkey" approach
Indicate whether the statement is true or false
Under the accrual basis of accounting, adjustments are often made for prepaid expenses and unearned revenues.
Answer the following statement true (T) or false (F)
How the value of the shares of each merging corporation will be determined is stated after the plan of merger has been approved.
Answer the following statement true (T) or false (F)