Globalization 2

question 52

Multiple Choice

Globalization 2.0 requires significant ________ when initiating business operations overseas.

• A) Strategic alliances
• B) Joint ventures
• C) Foreign direct investment
• D) Core competencies

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Definitions:

Used Car Sales

The activity or business of buying and selling pre-owned vehicles.

Board of Directors

A group of individuals elected to represent shareholders and make major decisions concerning the company's operations, finance, and policies.

Personal Capacity

Refers to the ability of an individual to make legal agreements or perform an act on their own behalf.

Convertible Bond

A type of bond that can be converted into a predetermined number of shares of the issuing company's stock at certain times during its life, usually at the discretion of the bondholder.