The Formal Establishment of Business Operations on Foreign Soil,such as Factories,sales

question 66

Multiple Choice

The formal establishment of business operations on foreign soil,such as factories,sales offices,or branch stores,is called _____.

• A)foreign direct investment
• B)a joint venture
• C)foreign licensing
• D)a strategic alliance

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Definitions:

Environmental Policy

Guidelines and regulations developed and implemented by governments or organizations to protect the natural environment.

Minority Influence

The process by which a smaller faction within a group, despite being outnumbered, manages to persuade the majority to adopt their point of view or behavior.

Matters Of Opinion

Issues or topics that are subjective and open to personal interpretation, beliefs, or preferences, rather than being based on fact or necessity.

Prosperity

Denotes a state of flourishing, wealth, and good fortune, where an individual or community enjoys success and economic well-being.