Suppose GE Initiates a Joint Venture with a Local Company

question 96

Multiple Choice

Suppose GE initiates a joint venture with a local company in Mexico as a way of adapting to risk. Which of the following strategies is GE most likely using?

• A) equity sharing
• B) participative management
• C) localization of the operation
• D) development assistance

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Definitions:

Generative Psychology

A psychology intended to generate positive social change through direct intervention.

Action Research

The simultaneous activities of undertaking social science research, involving participants in the process, and addressing a social problem.

Multicultural Challenge

The difficulty of adapting to, managing, and integrating cultural diversity in social institutions and interactions.

Generative Psychology

A branch of psychology that focuses on understanding how individuals create meaning, develop psychologically across the lifespan, and engage in creative processes.