In International Dealings,green-Field Development Is

question 34

Multiple Choice

In international dealings,green-field development is

• A) a way in which an MNC may contract with a foreign government or local firm to trade raw materials for certain resources belonging to the MNC.
• B) a way in which an MNC can take total control of operations by acquiring a firm already established in the host country.
• C) when a corporation chooses to build a facility from scratch allowing it the freedom to design the plant, choose suppliers, and hire its workforce.
• D) when an MNC has a large amount of management talent available and chooses to use its personnel to assist a firm in a host country for a specified fee and period of time.
• E) contracting for construction of operating facilities in exchange for a fee.

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Definitions:

Psychology

The scientific study of the mind and behavior, encompassing various aspects of human experience, thoughts, emotions, and actions.

Scientific Study

A systematic and empirical investigation aimed at acquiring knowledge and understanding through observation, experimentation, and analysis.

Behavior

The actions or reactions of an organism or artificial entity, often in response to the environment or stimuli.

Physiology

The scientific study of the normal functions and mechanisms operating within a living system, including human or animal bodies.