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Companies Go Global for Three Possible Motives

question 27

Essay

Companies go global for three possible motives. Describe each of these three motives and the possible strategies available to companies under each motive.

Understand the role and characteristics of angel investors and venture capitalists in financing small businesses.
Recognize the significance of a business's financial health and the importance of assets and collateral in securing loans.
Understand the implications of interest rates, loan terms, and the economic environment on financing decisions.
Know the criteria and considerations lenders and investors use when evaluating a small business for financing.

Definitions:

Collectivism

A cultural value that emphasizes the importance of the group over the individual, prioritizing community and social cohesion.

Personal Modesty

A value or behavior that involves humility, avoiding excess, and maintaining privacy, especially regarding personal life and appearance.

Personal Privacy

The right of an individual to keep their personal matters and relationships confidential and free from intrusion.

Collectivist

A cultural orientation or individual preference emphasizing the importance of groups and the interdependence of its members over individualism.

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