An Explanation Has Logical Strength When

question 21

Multiple Choice

An explanation has logical strength when:

• A)the hypothesis leads to the explanandum with only a small gap in between
• B)the explanandum leads to the hypothesis with only a small gap in between
• C)it provides many different hypotheses
• D)it provides every possible hypothesis
• E)the hypothesis is a simpler idea than the explanandum

Recognize the characteristics and attitudes of world-oriented managers in global business contexts.

Identify and differentiate between types of direct foreign investment and their implications for global business.

Describe organizational structures based on the flow of communication and control in multinational companies.

Explain the nature of cross-border mergers and their significance in global expansion strategies.

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Definitions:

Franchising Revenue Model

Earning revenue by selling franchises of an existing business to allow another party to trade under the name of that business.

Existing Business

An enterprise that is currently operational and has gone past the startup phase, often with established customers, revenue streams, and market presence.

Trade

The exchange of goods or services between parties, which can be within or across borders.

Intermediation Revenue

Income generated by serving as an intermediary in transactions between two or more parties, such as brokerage fees or commissions.