Examlex
To avoid expatriate failure,which of the following is true of the firms that use situation dimensions to select expatriates?
Context
The circumstances or setting that surrounds and gives meaning to an event, statement, or idea.
Reference Point
A baseline value or condition used for comparison in decision-making processes.
Risk Aversion
A descriptor for individuals or entities that prefer to minimize exposure to risk and uncertainty, typically opting for safer, more secure investments or choices.
Reference Point
A baseline or standard from which changes are measured, often used in decision-making and behavioral economics.
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