Setting Up a Foreign Subsidiary Involves a Higher Degree of Risk

question 106

True/False

Setting up a foreign subsidiary involves a higher degree of risk and commitment than franchising.

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Definitions:

Nonprogrammed

Nonprogrammed decisions refer to responses made to situations that are unique, poorly defined and unstructured, and for which pre-specified processes are not applicable.

Role Ambiguity

A situation where an employee lacks clear understanding of their job duties, responsibilities, or expectations, leading to confusion and stress.

Overconfident

Having an excessively high opinion of one’s abilities, accuracy, or judgement.

Task Difficulty

The level of effort and skill required to successfully complete a task or assignment.