Which of the following best defines the concept of managing interdependence?
A) the effective management of a long-term MNC subsidiary-host-country relationship through cooperation and consideration for host concerns
B) the process by which international managers accept and enact their role in the preservation of ecological balance on the earth
C) the process by which a firm grants the rights to a firm in the host country to produce or sell a product
D) the process of developing strategies, designing and operating systems, and working with people around the world to ensure sustained competitive advantage

Question

Quizplus · Accepted Answer

Managing interdependence refers to the effective management of a long-term MNC subsidiary-host-country relationship through cooperation and consideration for host concerns. It involves understanding the interdependence between the subsidiary and the host country and managing it through effective communication, negotiation, and conflict resolution. This helps in building a positive relationship with the host country and ensuring the sustainability of the MNC's operations in that country.

Which of the Following Best Defines the Concept of Managing