Multinational enterprises need an effective global strategy in order to Blank______.Multiple choice question.employ more people for less payreinforce political and religious viewsdiscourage foreign direct investmentachieve a competitive advantage against other companies
Question
Multinational enterprises need an effective global strategy in order to Blank______.Multiple choice question.employ more people for less payreinforce political and religious viewsdiscourage foreign direct investmentachieve a competitive advantage against other companies
Solution
The correct answer is "achieve a competitive advantage against other companies".
Step 1: Understand the question. The question is asking why multinational enterprises need an effective global strategy.
Step 2: Evaluate the options.
Option 1: "employ more people for less pay" - This is not the primary reason for a global strategy. While it might be a benefit in some cases, it is not the main goal.
Option 2: "reinforce political and religious views" - This is not related to a business's global strategy. Businesses generally aim to be politically and religiously neutral to appeal to a broad customer base.
Option 3: "discourage foreign direct investment" - This is incorrect. Most businesses would want to encourage investment, not discourage it.
Option 4: "achieve a competitive advantage against other companies" - This is the correct answer. The main reason for a global strategy is to gain a competitive advantage in the global market.
Step 3: Choose the correct answer. Therefore, the correct answer is "achieve a competitive advantage against other companies".
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