Joint Ventures Might Be a Reasonable Alternative to Direct Investment

question 47

True/False

Joint ventures might be a reasonable alternative to direct investment for a company that is restricted by the host nation from direct ownership of facilities within the country.

---

Definitions:

Strategic HR Planning

The process of aligning human resource strategies with the business strategy to achieve long-term goals.

Environmental Scanning

The process of systematically collecting information about external influences and trends to identify opportunities and threats.

Trade Publications

Specialized magazines or journals aimed at professionals in specific industries to share relevant news, trends, and insights.

Proactive

Taking initiative by acting in advance of future situations or problems, rather than just reacting.