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When a Company Invests in a Foreign Firm and Holds

question 53

True/False

When a company invests in a foreign firm and holds active ownership of the firm,then the company is said to be in a joint venture with the foreign firm.


Definitions:

Stereotype

A fixed and overgeneralized belief about a particular group or class of people, often leading to prejudgment.

General Impression

An overall assessment or opinion about something or someone, formed on the basis of limited information.

Out-group Homogeneity Effect

The tendency to perceive members of an out-group as more similar to each other than they really are or compared to the members of the in-group.

Characteristics

Features or qualities that serve to identify, describe, or distinguish individuals, groups, or things.

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