mnc
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Title: mnc

Essay Details:

Subject: Business
Author: Erin T
Date: August 11, 2016
Level: University
Grade: A
Length: 11 / 3256

Essay text:

11). According to Ferdows (1997), the reasons behind formation of MNCs include: ? reduce direct and indirect costs; ? reduce capital costs; ? reduce taxes; ? reduce logistics costs; ? overcome tariff barriers; ? provide better customer service; ? spread foreign exchange risks; ? build alternative supply sources; ? preempt potential competitors; ? learn from local suppliers, foreign customers, foreign competitors, and foreign research centers; and ? attract talent globally. The earliest studies of MNCs were strongly influenced by the economics paradigm with the focus on offshore manufacturing...

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