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

Marie Schmitt

11 March, 01:44

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.?

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Answers (1)

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Chaim · 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.