Freehold Investment Corp. (Scenario)

question 50

Multiple Choice

Freehold Investment Corp. (Scenario)
Dan Freehold and his business partner, Bethany Quinn, are successful investors engaged in a variety of enterprises. Recently Dan and Bethany have decided to expand their foreign investing operations. They hold a meeting for individuals interested in participating in certain overseas ventures.
-At the meeting, Dan explains to the attendees that Freehold direct investment projects differ from international trade in that ________.

• A) the firm itself is crossing international borders to purchase foreign assets
• B) the firm is restricting its investments to stocks and does not purchase mutual funds
• C) the firm has chosen to focus strictly on the technology sector
• D) the firm is engaging in the transfer of products across national borders

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Definitions:

Total Quality Management

A management approach focused on continuous improvement and customer satisfaction across all areas of an organization through the involvement of all employees.

Reengineering

The fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical measures of performance, such as cost, quality, service, and speed.

Quality of Working Life

Refers to the overall well-being of employees within the workplace, including job satisfaction, work-life balance, and health.

Scientific Management

A theory of management that analyzes and synthesizes workflows to improve economic efficiency, especially labor productivity.