__________ Includes Any Change to the "Rules of the Game

question 54

Multiple Choice

__________ includes any change to the "rules of the game" under which the foreign firm operates, especially when foreign firms are singled out.

• A) Ownership risk
• B) Bargaining risk
• C) Operational risk
• D) Transfer risk

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Definitions:

Consistency

The state of being uniform, steady, and unchanging in one’s actions, beliefs, or methods over time.

Consensus

A general agreement or collective opinion among a group of people, often achieved through discussion and compromise.

Groupthink

is a phenomenon occurring within a group of people, in which the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.

Overconfidence

A cognitive bias where an individual's subjective confidence in their judgments is reliably greater than their objective accuracy.