Which of the following best defines the concept of managing interdependence?
A)the effective management of a long-term, MNC subsidiary-host-country relationship through cooperation and consideration for host concerns
B)the process by which international managers accept and enact their role in the preservation of ecological balance on the earth
C)the process by which a firm grants the rights to a firm in the host country to produce or sell a product
D)the effective development of strategies that involve designing and operating systems, and working with people around the world to ensure sustained competitive advantage

Question

Quizplus · Accepted Answer

Managing interdependence involves coordinating and collaborating with actors across borders to achieve shared goals. In the context of international business, managing interdependence means effectively managing the relationship between a multinational corporation and their host-country subsidiary. This includes understanding and addressing the concerns of the host country, as well as facilitating communication and cooperation between the two entities to achieve mutually-beneficial outcomes.

Option B refers to environmental sustainability, while option C refers to licensing agreements. Option D touches on strategies for sustained competitive advantage, but doesn't specifically address managing interdependence.

Which of the Following Best Defines the Concept of Managing