Which of the Following Terms Is Used to Refer to a Focal

question 68

Multiple Choice

Which of the following terms is used to refer to a focal firm's partial ownership of an existing firm?

• A) turnkey operation
• B) greenfield investment
• C) direct investment
• D) equity participation

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Definitions:

Cross-Cultural Preparation

Training to prepare employees and their family members for an assignment in a foreign country.

Culture Shock

The sense of confusion, uncertainty, or anxiety experienced by someone exposed to an unfamiliar culture or way of life.

Compensation

Payment or rewards given to employees in exchange for their services or labor.

Standard Of Living

The degree of wealth, comfort, material goods, and necessities available to a person, group, or nation.