In the context of political risks, unlike cooperation, an avoidance strategy:
- A. can limit the risk associated with foreign ownership of a business.
- B. involves the use of joint ventures and collaborative contracts.
- C. does not minimize the political uncertainty of doing business in a country.
- D. is used when the political risks associated with a country are too great.
Answer: D. is used when the political risks associated with a country are too great
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If a company's home currency strengthens, it is:
A) a favorable turn of events for the typical exporter. B) an unfavorable turn of events for the typical exporter. C) a favorable turn of events since the revenues increase in home currency. D) an unfavorable turn of events for exporter's home country. E) neither favorable nor unfavorable turn of events for the typical exporter.
A government can limit the economic activities of a foreign firm that resists its effort to introduce home-country nationals into the company
Indicate whether the statement is true or false
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What will be an ideal response?
______ is the glue that holds organizations together.
Fill in the blank(s) with the appropriate word(s).