Ownership-specific advantages•Here the focus is on the assets owned by the country which might give it a competitive edge vis-à-vis other firms operating in overseas markets.Question 2AnswerTrueFalse

Fill in the Blank QuestionFill in the blank question.Companies that want to retain control and are willing to invest resources in international business will consider investment, which is the ownership of overseas facilities.

According to the eclectic paradigm, which of the following is an example of an ownership advantage?Question 8Select one:a.Efficiency-related standardisation of production across the global operationsb.Naturally-located raw materialsc.Entrepreneurial skillsd.Tax rates

A major benefit of having markets in overseas countries for a business is:YOUR ANSWERYour Answerthe increase in the costs of productionthe opportunity for its customers to buy the product when travelling overseas.an additional revenue stream.it keeps costs down.

Advantages and Disadvantages of Multinational Corporations

What major advantage does a foreign joint venture have?Multiple ChoiceOverall risk is significantly reduced since foreign distributors essentially buy the product and market it.None of the answers are correct.It allows full control over the operation by the business originally seeking to expand internationally.No equity is exchanged in the joint venture, so no ownership is required in the new venture.It allows access to the international market with a partner who has knowledge of the market.