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Essay heading: GLOBAL BUSINESS
 
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Date added: April 12, 2006
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No of pages / words: 2 / 530
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(3) The firm's competitive advantage is based not so much on its products, as on the management, marketing, and manufacturing capabilities that produce those products. The problem is that such capabilities are often not amenable to licensing. Internalization theory is a marketing imperfection strategy to reason why FDI is preferred over licensing...
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Foreign Investments i. Portfolio Investments / Direct Investments Portfolio investments: The purchase of stocks and bonds solely for the purpose of obtaining a return on the funds invested. Equity stake is < 10%. FPI is an investment by individuals, firms, or public bodies in foreign financial instruments (gvmt...
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