Whereby a Company Builds a Subsidiary from Scratch in a Foreign

question 37

Short Answer

Whereby a company builds a subsidiary from scratch in a foreign country, is referred to as a(n) _____, and is the most risky type of direct investment.

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Definitions:

IQ Scores

Numerical measures of an individual's intelligence level, typically based on standardized tests.

David Wechsler

A psychologist who developed several widely used intelligence tests, including the Wechsler Adult Intelligence Scale (WAIS) and the Wechsler Intelligence Scale for Children (WISC).

Alfred Binet

A French psychologist who, together with Theodore Simon, developed the first intelligence test known as the Binet-Simon scale.

Mental Age

A concept used in psychology to describe an individual's cognitive ability level in years, which may differ from their chronological age.