Myriad Inc., a well-established and reputed multinational enterprise (MNE), is headquartered in a highly developed economy. It wants to start its operations in New Denistan, considered one of the less-developed nations in the world. How will this strategic move most likely affect Myriad Inc.?

Question

Business

Faith Burns

12 May, 22:44

Myriad Inc., a well-established and reputed multinational enterprise (MNE), is headquartered in a highly developed economy. It wants to start its operations in New Denistan, considered one of the less-developed nations in the world. How will this strategic move most likely affect Myriad Inc.?

+5

Answers (1)

Know the Answer?

Buttercup · Answer 1

It will benefit from economic arbitrage.

Explanation:

This strategic move will allow Myriad Inc. to benefit from economic arbitrage that is when an organization takes advantage of the difference in the prices between the markets to gain a profit by purchasing an asset in a market where the price is lower and selling it in the market where the price is higher.