International business research is only beginning to develop theory and evidence highlighting the importance of supranational regional institutions to explain firm internationalization. In this context, we offer new theory and evidence regarding the effect of a region's "institutional complexity" on foreign direct investment decisions by multinational enterprises (MNEs). We define a region's institutional complexity using two components, regional institutional diversity and number of countries. We explore the unique relationships of both components with MNEs' decisions to internationalize into countries within the region. Drawing on semiglobalization and regionalization research and institutional theory, we posit an inverted U-shaped relationship between a region's institutional diversity and MNE internationalization: extremely low or high regional institutional diversity has negative effects on internationalization, but moderate diversity has a positive effect on internationalization. Larger numbers of countries within the region reduces MNE internationalization in a linear fashion. We find support for these predicted relationships in multilevel analyses of 698 Japanese MNEs operating in 49 countries within 9 regions. Regional institutional complexity is both a challenge and an opportunity for MNEs seeking advantages through the aggregation and arbitrage of individual country factors.
This is an easement created by statute or court action.
<h3>What is a statute?</h3>
It should be noted that a statute simply means a written law that's passed by a legislative body.
In this case, purchases a property. the deed includes a description of an easement given to the neighboring property. this is an easement created by an easement created by statute or court action.
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Answer:
Explanation:
The adjusting entry is shown below:
Supplies expense A/c Dr $2,900
To Supplies A/c $2,900
(Being supplies expense is recorded)
The supplies expense is computed below:
= Supplies opening balance + purchase made - supplies ending balance
= $1,800 + $2,900 - $1,800
= $2,900
For recording this transaction we debited the supplies expense account and credited the supplies account for $2,900
The scenario given above is an example of cultural manners and customs. Cultural manners and customs has to do with the the ways societies do things in foreign countries. Manners and customs typically affect both the management and marketing operation of a company. International companies must understand the manners and customs of the country where they are located in order to succeed.
