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The authors highlight a strong theoretical argument in favor of analyzing any foreign project from the viewpoint of the parent. Provide at least three reasons why the parent's viewpoint is superior to the local viewpoint and give an example of when the local viewpoint fails to maximize the value of the firm.
Retirement
The phase of life after ending one's active working life, often involving receiving pensions or retirement benefits.
Involved Grandparenting
The active engagement and participation of grandparents in their grandchildren's lives, including caregiving and support.
Grandparents
Individuals who are the parents of one's parents, often playing significant roles in familial relationships and heritage.
Raising
The act of caring for and nurturing someone, often in reference to children, until they are grown up.
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