If a Company Wants to Launch a Technical Product in a New

question 68

Multiple Choice

If a company wants to launch a technical product in a new target country, why would they choose a home-country national to run the project?

• A)The home-country national will have a better understanding of the local market.
• B)Headquarters in the home country may want to control all strategic decisions.
• C)The home-country national will have a fresh outlook on the national identity of the host country.
• D)The host country may have a wealth of technical employees, but they may need close supervision.
• E)The employees are already at the work site even though they are not citizens in the target country.

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Definitions:

Life Estate

A legal right to use and derive benefit from property for the duration of one's life, after which control reverts to another party.

Fee Simple

A type of freehold ownership where the owner has the greatest possible rights over the land forever.

Prescriptive Right

A right acquired through long-term use, such as the right to cross someone else's land, established by consistent and uninterrupted use over a period prescribed by law.

Covenant

A formal, binding agreement or promise, often found in contracts and legal documents.