Economics · International Business and Strategy
The Linkage-Leverage-Learning (LLL) framework explains:
- 1the gradual internationalisation path taken by traditional incumbent TNCs
- 2the internationalisation strategy of domestic micro enterprises
- 3the emergence and rapid internationalisation of Transnational Corporations (TNCs) from developing countries✓
- 4the gradual accumulation of financial capital in developed nations
Correct answer
the emergence and rapid internationalisation of Transnational Corporations (TNCs) from developing countries
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