Based on observations of firms that have successfully invested abroad,we can conclude companies are more competitive when:
A) facing sophisticated and demanding customers in the home market.
B) surrounded by a critical mass of related industries and suppliers.
C) located in countries that are naturally endowed with the appropriate factors of production.
D) all of the above are true

Question

Quizplus · Accepted Answer

The statement mentions that observations of successful foreign investments indicate that firms are more competitive when facing sophisticated and demanding customers in the home market, surrounded by a critical mass of related industries and suppliers, and located in countries that are naturally endowed with the appropriate factors of production. Therefore, all of the options mentioned in the choices are true.

Based on Observations of Firms That Have Successfully Invested Abroad,we