Which Strategies Can Be Used to Minimize or Adapt to the Political

question 21

Multiple Choice

Which strategies can be used to minimize or adapt to the political risk inherent to global business?

• A)protectionist,avoidance,and offensive strategies  
• B)creative,offensive,and defensive strategies  
• C)cooperative,customary,and protectionist strategies  
• D)control,avoidance,and cooperation strategies

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Definitions:

Economic Aid

Financial assistance provided by countries or international organizations to support the economic development and welfare of other nations.

Diplomacy

The professional, skilled conduct of negotiations and managing relationships between governments of different countries by diplomats and political leaders.

Peaceful Methods

Techniques or approaches used to resolve conflicts or achieve goals without violence.

International Relations

The study and practice of political, economic, and cultural relationships between nations.