Which of the Following Means of Adaptation to Political Risk

question 13

Multiple Choice

Which of the following means of adaptation to political risk requires that a firm actively involve nationals in the management of its subsidiary?

• A)equity sharing
• B)participative management
• C)localization of the operation
• D)development assistance

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Definitions:

Job Analysis

The process of examining and documenting the duties, responsibilities, and requirements of a specific job.

Duties

Obligations or tasks that are conducted as part of one's job or position in an organization, or responsibilities imposed by law or culture.

Performance Standards

The established expectations, benchmarks, or criteria for measuring the quality and effectiveness of work output or performance.

Peter Drucker

Peter Drucker was an Austrian-born American management consultant, educator, and author, whose writings contributed to the philosophical and practical foundations of the modern business corporation.