1、What does the Domestic Equity Market include? 参考答案: The Domestic Equity Market covers three areas:a.the listed market for well.establishe companies who must be able to comply with stringent criteria relating to all aspects of their operation;b.the unlisted securities market:a market created in 1980 to meet the needs of established,but smaller,immature companies;e.the third market,a new, disciplined market established in January 1987 and designed to enable young,growing UK companies to raise capital on a cost—effective and straight formal basis. The Domestic Equity Market covers three areas:a.the listed market for well.establishe companies who must be able to comply with stringent criteria relating to all aspects of their operation;b.the unlisted securities market:a market created in 1980 to meet the needs of established,but smaller,immature companies;e.the third market,a new, disciplined market established in January 1987 and designed to enable young,growing UK companies to raise capital on a cost—effective and straight formal basis.----------------------------------------2、What is the formal definition of a multinational enterprise?Describe briefly the characteristics of WNEs? 参考答案: (1)A muhinational enterprise shall be defined as a business organization which owns(whether wholly or partly),controls and manages assets,often including productive resources,in more than one country,through its member com。panics incorporated separately in each of these countries. (2)Characteristics: a.MNEs are generally enormous in size. b.Wide geographical spread is also characteristic of MNEs. c.Another general characteristic of cargo MNEs is their longevity and rapid growth. (1)A muhinational enter
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