MNEs are best known for their ________.

Question

Quizplus · Accepted Answer

MNEs are primarily known for their foreign direct investment activities, which involve establishing and acquiring businesses abroad. This allows them to expand their operations and gain access to new markets, resources, and customers, while also benefiting from economies of scale and scope. While exporting is a common strategy for some MNEs, it is not the main focus of their internationalization efforts. Additionally, MNEs do not have a reluctance to explore emerging markets, as these markets offer significant opportunities for growth and profitability. Finally, MNEs typically have low rates of employee attrition due to their ability to offer competitive compensation, benefits, and career advancement opportunities.

MNEs Are Best Known for Their ________