Answered: MNES that base their competitive…

MNES that base their competitive advantage on a differentiation strategy are particularly attracted to go overseas to gain access to low-cost input factors. O True O False

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Question

MNES that base their competitive advantage on a differentiation strategy are particularly attracted to go overseas to gain access
to low-cost input factors.
O True
O False

Expert Solution

Step 1

MNEs also known as multinational enterprises are the companies that operates in at least two countries. These are the companies that deploys their resources and capabilities for procuring, producing, and distribution goods and services in more than one country. These companies hold assets and employees in more than one country. MNEs uses different strategies based on their goals and objectives.

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