Identify and State the Historical Significance of the Following

question 33

Short Answer

Identify and state the historical significance of the following:
-Spanish Civil War

---

Definitions:

Greenfield Investment

Direct investment in new facilities or the expansion of an existing facility in a foreign country, starting from scratch.

Financial Risk

Risk associated with a monetary outlay; includes the initial cost of the purchase, as well as the costs of using the item or service.

Joint Venture

A business undertaking by two or more parties, sharing resources, risks, and profits, but maintaining their distinct identities.

Market-Oriented

A business approach that focuses on identifying and meeting the needs and wants of customers through product innovation and adaptation.