This statement is False
Explanation:
The eclectic theory is a business strategy that analyses whether a company can invest directly in foreign affairs.
A systemic economic model defines whether a business can develop overseas by means of FDI. The hybrid method is a philosophy to be practised by businesses in three phases. When determining whether to spend abroad, they follow the structure.
The theory of eclectic paradigm gives a foreign corporation three types of benefits:
1. Ownership.
2. Location.
3. Internalisation.
