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1. What is the primary motivation for a firm to become a multinational corporation? 2. List and explain and 3 major challenges a firm might face if it remained a purely domestic operation 3. Explain the following MNC structures. For each, what are its major advantages and disadvantages (i) Joint Venture; (ii) A fully-owned subsidiary .

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1. What is the primary motivation for a firm to become a multinational corporation? 2. List and explain and 3 major challenges a firm might face if it remained a purely domestic operation 3. Explain the following MNC structures. For each, what are its major advantages and disadvantages (i) Joint Venture; (ii) A fully-owned subsidiary

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