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You see two of the same type of bus down the street. Even though one bus looks larger than the other, you assume that they are the same size and that the larger-appearing bus is closer to you. This assumption is based on your knowledge of
Multinational Corporation
A company that operates in several countries but has its headquarters in one country.
Foreign Direct Investment
Investment by a company or individual in one country in business interests in another country, in the form of either establishing business operations or acquiring business assets.
Insourcing
involves bringing processes or services back in-house, which were previously outsourced to external companies.
Joint Venture
A business arrangement where two or more parties agree to pool their resources for the purpose of accomplishing a specific task or business operation.
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