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One of the main reasons why foreign firms are interested in buying U.S.companies is to gain entrance to the U.S.market.A decline in the value of the dollar relative to most foreign currencies makes this competitive strategy especially attractive.
Generational Group
A categorization of people based on their age group, often sharing similar characteristics, experiences, or societal influences.
Baby Boomers
denote the generational cohort born approximately between 1946 and 1964, characterized by their experiences in a post-World War II environment, distinct cultural traits, and significant influence on economies and societies.
Generation X
The demographic cohort following the Baby Boomers and preceding the Millennials, generally born between the mid-1960s and early 1980s.
Long-term Orientation
A cultural characteristic that emphasizes the value of future rewards over immediate gratification.
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