Global Business Strategy

From institution-based and resource-based views, identify the liability of foreignness confronting MNEs from emerging economies interested in expanding overseas. How can such firms overcome them? 1-2 pages; 1-3 references

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Majority of World Companies from different countries are planning to go beyond their country boundaries with the intention of investing in new economies. Foreign direct investment is a phenomenon that has registered tremendous growth especially from developing countries. This has affected the world economy due to multinational enterprises desire to establish themselves in new economic regions.

According to Luo and Tung (2007), developing countries over time have known in different terms over the years, ranging from third world countries, newly industrialized countries and latest emerging economies (EE). Majority…..

APA

534 words