_______________________ Is the Set of Costs Associated with Unfamiliar Operating

question 72

Multiple Choice

_______________________ is the set of costs associated with unfamiliar operating environments; economic, administrative and cultural differences; and the challenges of coordination over distances.

• A) transnational risk
• B) regionalization
• C) liability of foreignness
• D) international risk

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Definitions:

Communicative Skills

The ability to convey or exchange information effectively, whether through speaking, writing, or another form of communication.

Managerial Responsibility

The obligation of managers to make decisions and oversee an organization's resources and operations in an ethical, effective, and lawful manner.

Technical Skills

refer to the abilities and knowledge needed to perform specific tasks, often involving mechanical, informational, or scientific tasks.

Organisation

An entity comprising multiple people, such as a corporation or government, structured to achieve a collective goal or set of objectives.