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When consumer tastes and preferences differ significantly between countries, there is low pressure for local responsiveness. ( )

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Exporting is advantageous because it avoids the cost of establishing manufacturing operations in the host country and because it may helpExporting is advantageous because it avoids the cost of establishing manufacturing operations in the host country and because it may help a firm achieve experience curve and location economies. ( )

A clear advantage of greenfield investments as compared to acquisitions is the short execution time involved. ( )

A decentralized organization allows managers to respond to environmental changes more quickly than in a centralized organization. ( )

The total amount of capital invested in factories, stores, office buildings and the like is referred to as the stock of FDI. ( )

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