In Some Countries, the Only Legal Way for Foreign Firms

question 63

Multiple Choice

In some countries, the only legal way for foreign firms to invest in the country is through

• A) silent partner agreements.
• B) franchising.
• C) wholly-owned subsidiaries.
• D) partnership with a local firm.

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Definitions:

Business Ethics

The study of proper business policies and practices regarding potentially controversial subjects including corporate governance, insider trading, bribery, discrimination, corporate social responsibility, and fiduciary responsibilities.

Offshoring

The practice of relocating business processes or services to a different country, typically to leverage cost advantages.

Outsourcing

The practice of contracting out certain business processes or functions to external providers, often to reduce costs or improve efficiency.

Digital Immigrants

An individual who was not born into the digital age but has adopted and learned digital technologies later in life.