1. Are companies such as Exxon Mobil, BP and Royal Dutch/Shell MNEs? What criteria do they meet that

1. Are companies such as Exxon Mobil, BP and Royal Dutch/Shell MNEs? What criteria do they meet that makes them MNEs? 2. How important is an understanding of governmental regulation to success in this industry? 3. In terms of Porter’s determinants of national competitive advantage, which one of these four determinants is most important for these oil companies? Why?