The Advantage to Host Countries of International Management Contracts Is

question 37

Multiple Choice

The advantage to host countries of international management contracts is that they ________.

• A)receive state-of-the-art facilities
• B)get assistance without foreign control
• C)can pay in local currency
• D)save on making capital investments

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Definitions:

Entrepreneurship

The act of starting, developing, and managing a business venture along with its risks in order to make a profit and innovate.

Launch

The initiation or start of a project, product, or service.

Economic Independence

The state of having sufficient personal wealth to live, without having to work actively for basic necessities.

Entrepreneurship

The activity of setting up a business or businesses, taking on financial risks in the hope of profit.