Explain Inheritance

question 35

Essay

Explain inheritance.

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Definitions:

Unfamiliar Culture

A culture that is not known or experienced before, often encountered in international travel or business.

Political Risk

The possible loss of investment or control over a foreign asset because of political changes in the host country.

Host Country

The country in which a multinational company operates a facility or office, outside of its home country.

Managerial Control

Managerial control involves processes and systems that an organization uses to regulate activities and achieve its objectives by guiding employee behavior.