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Scenario: Globetrotter Sam Johnson

question 122

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Scenario: Globetrotter Sam Johnson
Sam Johnson is an individual who accepts risks and opportunities involved in creating and operating new business ventures worldwide. He has been considering China, France, or Vietnam for his next venture.
-Sam should know that one of the most important factors in forming a successful venture in China is ________.


Definitions:

Winner-Take-All Principle

An electoral system where the candidate with the most votes wins the entire election, often used in US presidential state primaries.

Electoral College

A body of electors established by the Constitution in the United States, which formally elects the President and Vice-President based on the popular vote in each state.

President

The elected head of a republican state, responsible for executing national laws and overseeing the government's administration.

Two-Party System

A political system dominated by two major parties, often shaping the political landscape through competition for power.

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