Multiple Choice
According to the textbook, what is most necessary to overcome the liability of foreignness?
A) Grasping the dynamism underlying the industry.
B) Developing overwhelming resources and capabilities.
C) Understanding the rules of the game.
D) Matching market entry efforts with strategic goals.
E) Creating good relationships with key stakeholders.
Correct Answer:

Verified
Correct Answer:
Verified
Q9: The liability of foreignness is:<br>A)The inherent disadvantage
Q10: The differences in formal and informal institutions
Q11: A global trend since the 1980s and
Q12: First-mover advantages do not include:<br>A)Developing proprietary, technological
Q13: Is it better to be a first
Q15: A location-specific advantage that a firm with
Q16: MNEs are firms that are truly global.
Q17: The liability of foreignness is the inherent
Q18: Which of the following would NOT be
Q19: First-mover advantages always outweigh late-mover advantages.