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management
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“Throughout the last decade, the internalisation theory has been the leading explanation of why a firm chooses to engage in foreign investment rather than organise its cross-border activities in a different way. It is difficult to quarrel with the theory if that is all it is seeking to explain. But, when the theory also purports to explain the level, structure and location of all international production, then, immediately, it opens itself to criticism” . Foreign Direct Investment (FDI): acquisition of foreign assets for the purpose of control. FDI, for example: according to the US government's definition, is "ownership or control of 10 percent or more of an enterprise's voting securities, or the equivalent interest in an unincorporated business”.
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Paper Information
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Title: management
Words: 484
Rating: None
Pages: 1.9
submitted by: pasenyuk
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