Which of the following best describes the necessary condition(s) for seeking a foreign location for investment by a European business?
A) owning strong assets (ownership advantages)
B) a need to retain managerial control over the use of these assets (internalization)
C) a need to avoid competitors gaining the use of the (especially intangible) assets
D) all of these

Question

Quizplus · Accepted Answer

All of the options listed are necessary conditions for a European business (or any business, for that matter) to consider when seeking a foreign location for investment. Owning strong assets provides a competitive advantage, retaining managerial control helps in safeguarding the firm's specific advantages, and avoiding competitors' access to these assets, especially intangible ones, is crucial for maintaining a competitive edge in the global market.

Which of the Following Best Describes the Necessary Condition(s) for Seeking