Culture has little impact on the ownership positions firms take in their foreign operations.

Question

Quizplus · Accepted Answer

Culture can have a significant impact on the ownership positions firms take in their foreign operations. For example, in some cultures, joint ventures and partnerships may be seen as more appropriate or effective than wholly-owned subsidiaries. Additionally, cultural norms and regulations may impact the ability of foreign firms to own and control assets in certain industries or regions.

Culture Has Little Impact on the Ownership Positions Firms Take