The Minimum That a Firm Has to Do to Engage

question 57

Multiple Choice

The minimum that a firm has to do to engage in international business is to

• A) export or import products from other countries.
• B) invest directly in operations in another country.
• C) establish joint ventures or strategic alliances with companies in other countries.
• D) export low-wage manufacturing jobs to companies in other countries.
• E) develop franchises and subsidiaries in other countries.

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Definitions:

Style

Refers to the distinct manner or way in which something is written or created, encompassing aspects like language choice, tone, and presentation to convey a specific voice or aesthetic.

Encourage Participation

Strategies or methods used to motivate individuals to take part in an activity or to contribute to a group effort.

Meeting Leader

The meeting leader is the individual responsible for guiding a meeting's process, ensuring that the agenda is followed, and facilitating discussion and decision-making.

Group Members

Individuals who form part of a team or group working towards a common goal.