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Evaluation of Capacity Alternatives Involves Economic Calculations Only

question 2

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Evaluation of capacity alternatives involves economic calculations only.


Definitions:

Direct Foreign Investment

An investment by a company into business interests located in another country, often by buying a company or expanding operations on foreign soil.

International Joint Ventures

A business arrangement where two or more parties from different countries establish a new business entity to share resources, risks, and profits.

Patience

The capacity to accept or tolerate delay, problems, or suffering without becoming annoyed or anxious.

Transnational Company

A corporation that operates and delivers products or services across national borders.

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