Which of the following is true about domestication?
a.
It imposes regulations to ensure that no profits are retained by the host country.
b.
It results in inefficiencies due to lack of market discipline, and thus affects the international competitiveness of operations abroad.
c.
It results in total ownership and total management responsibility being conferred on the host country.
d.
It imposes regulations to ensure that all high-end products are locally produced while all low-end products are produced by the host country.
Answer: B