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date: 20 September 2020

(p. xxix) Abbreviations

(p. xxix) Abbreviations

BATNA

best alternative to a negotiated agreement

BCG

Boston Consulting Group

CSA

country-specific advantage

DCF

discounted cash flow

EFAR

extended field anomaly relaxation

ERP

enterprise resource planning

EVA

economic value added

FAR

field anomaly relaxation

FDI

foreign direct investment

FFA

field force analysis

FSA

firm-specific advantage

IJV

international joint venture

IO

industrial organization

IP

intellectual property

IRR

internal rate of return

LB

location bound

LSA

location-specific advantages

MNC

multinational corporation

MNE

multinational enterprise

MVA

market value added

NBS

national business system

NI

New Institutionalists

NIE

New Institutional Economics

NIS

national innovation systems

NLB

non-location bound

NPV

net present value

OBR

operating patterns, beliefs, and rules

OLI

ownership, location, internalization

PCM

price cost margin

P/E

price/earnings

PEST

political, economic, social, and technological

PIMS

profit impact of market strategy

PRP

performance-related pay

PUV

perceived use value

RBT

resource-based theory

RMA

resource margin accounting

RDP

resource dependency perspective

ROCE

return on capital employed

ROE

return on equity

ROI

return on investment

SBU

strategic business unit

SCP

structure, conduct, performance

SDR

strategy decay rate

SWOT

strengths, weaknesses, opportunities, and threats

TCA

transaction cost analysis

TCE

transaction cost economics

TNC

transnational corporation

TOWS

threats, opportunities, weaknesses, strengths

TSR

total shareholder returns

TQM

total quality management

VFM

viable firm matrix

VRIN

valuable, rare, inimitable, non-substitutable