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What is the phase model of globalization? Identify the factors that have allowed companies to follow different paths to globalization,and then explain the nature of the global new venture. Comment on the extent to which it is likely that this latter approach to globalization will increase.
Financial Lease
A lease agreement where the lessee assumes some of the risks and benefits of ownership.
Sale and Leaseback
A financial transaction where an entity sells an asset and then leases it back from the buyer, typically to free up capital while retaining asset use.
Lessor
The owner of an asset that leases it to another party, known as the lessee, in exchange for periodic rental payments.
After-Tax Lease Payment
The lease payment amount remaining after deducting taxes applicable on it.
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