Unformatted text preview: access to data needed Making executives more accountable for financial statements by personally verifying accuracy 6 A. Managing the MNC
3. Facing Agency Problems 4. Management Structure of an MNC a. How the Internet Facilitates Management Control 7 B. Why Firms Pursue International B. Business Business
1. Theory of Comparative Advantage 2. Imperfect Markets Theory 3. Product Cycle Theory 8 International Product Life Cycles Insert chart page 7 Exhibit 1.2 9 C. Why Firms Engage in C. International Business International
1. International Trade 2. Licensing
a. How the Internet Facilitates International Trade a. How the Internet Facilitates Licensing 3. Franchising 4. Joint Ventures 5. Acquisition of Existing Operations 6. Establishing New Foreign Subsidiaries
10 10 C. Why Firms Engage in C. International Business Internat...
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