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date: 12 February 2025

Multinational Enterprises. 

Source:
The Oxford Companion to United States History
Author(s):
Diane LindstromDiane Lindstrom

Multinational enterprises are firms that control facilities—other than those exclusively devoted to sales—in two or more countries. This control of foreign subsidiaries can be exercised through either total or partial ownership, joint ventures, or less binding agreements. Success abroad depends upon some firm-specific skills, such as expertise in marketing, management, ... ...

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