A Green-Field Operation Refers To

question 52

Multiple Choice

A green-field operation refers to:

• A) A wholly owned subsidiary created through direct foreign investment
• B) A wholly owned subsidiary created by building a new factory and offices from scratch
• C) A wholly owned subsidiary created by acquisition
• D) A licensing agreement with a firm in a host country

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Definitions:

Racial Prejudice

Racial Prejudice involves preconceived negative judgments or opinions about individuals based on their racial or ethnic background.

Discrimination Coefficients

Measures that quantify the extent to which different groups are treated differently based on certain attributes.

Labor Demand

Refers to the quantity of labor that employers are willing and able to hire at a given wage rate in a given time period.

Statistical Discrimination

Statistical discrimination happens when assumptions are made about individuals based on aggregate statistics or stereotypes rather than personal attributes.