Why do firms become multinational enterprises? There are multiple ways to define what is meant by the term “multinational enterprise” (MNE)‚ most of which can be reduced to a short list of criteria summarised effectively by Franklin Root (1994). He defined an MNE as a parent company that i) engages in foreign production through its affiliates located in more than one country; ii) exercises direct control over the policies of its affiliates; and iii) implements transnational business strategies in
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The traditional profit maximizing theories of the firm have been criticised for being unrealistic. As a result‚ alternative theories of the firm were introduced (Sloman & Sutcliffe‚ 2001). One of the alternative theories of the firm is Growth maximization. Following are the main motives for the firms to grow: The cost motive: A growth maximising firm can lower its long run average costs by exploiting economies of scale and economies of scope. Economies of scale come into effect when increasing
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future. I would like to tell you why I would like to become a special education teacher and what has led me to this decision and why I want to become a teacher. I have chosen to become a teacher because I myself am a product of someone whom I consider to be the best teacher in the world. As a child in Virginia‚ I was inspired by a wonderful coach and teacher named Mr. Scott Nunnaly. Mr. Nunnaly taught me that any dream was possible. If I put my mind to accomplishing any goal I could make
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Over the past one hundred years‚ the conservative church has become less and less impactful on our ever evolving society. With the help of advancing technology‚ churches are becoming more successful at reaching today’s contemporary generation. Through technological advances and specific techniques in lighting and audio/video churches are able to facilitate an attitude of worship for the contemporary culture better than ever before. Although some still prefer the conservative approach to a church
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“Why do I want to become a nurse?” Becoming a nurse has always been a dream of mine. I strongly desire to make a difference in peoples’ lives. My aspiration for nursing was sparked early in my high school years‚ and now that I’m a mom I’m even more determined. I’ve always dreamt of a career which I would truly enjoy and make great money caring for others. I’m completely ready to devote myself to making this dream come true. Nursing is a career that’s become harder to pursue‚ but one of the most
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Why do I want to become a teacher? All of my experience for the past 10 years since I have been in USA led me to realizing that I am passionate about teaching and working with children. I migrated to this country from Slovak Republic right after graduating from Comenius University with the major in Biochemistry. Being only 22 years old I wanted to experience some adventure before getting the regular 9-5 job at some Research Laboratory. I signed up for a Summer Program with YMCA and came to Poland
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for me to do once I graduate high school is one of the hardest things to do. There are many of careers that interest me‚ I have chosen two that would benefit me in the best way. One career that I explored is a financial manager. I chose this career because I have an interest in the accounting side of math and would enjoy working with numbers and also working with farmers and families trying to expand their operations. The second career that I had the most interest in was a crop farmer. I chose this
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Why do I want to become a nurse: Ever since I had use of reason‚ I always dreamt of becoming a Doctor. When I was only 4 years old‚ I asked for my first microscope. When I was around 8 years old‚ I asked for my first chemistry set. When I was only 9 years old‚ I gave my Grandmother her insulin shot. All these contributed for me to be interested in the medical field. But what made me change my mind to become an RN instead of an MD? Well‚ as years have prolonged and I have grown up‚ I have been
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okay love youAcidified potassium manganate(VII) is a strong oxidising agent so it can be used to oxidise substances. If a reaction occurs a colour change will be seen. Potassium manganate(VII) is deep purple and when it is reduced‚ it becomes colourless. Let’s take a look at some reactions involving acidified potassium manganate(VII). If a solution of potassium manganate(VII) is placed in a test tube and a light green solution of iron(II) chloride is added to the test tube‚ the purple colour of
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WHY DO FIRMS GO PUBLIC? Forthcoming in the Oxford Handbook of Entrepreneurial Finance James C. Brau‚ PhD‚ CFA Professor of Finance Editor‚ Journal of Entrepreneurial Finance July 1‚ 2010 Department of Finance Marriott School Brigham Young University 640 Tanner Building Provo‚ Utah 84602 Phone: 801.318.7919 Fax: 801.422.0741 Electronic copy available at: http://ssrn.com/abstract=1649008 WHY DO FIRMS GO PUBLIC? Six months after he founded Netscape‚ Clark agitated for the company
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