In Regard to the Cultural Risks Related to Ownership Structure,which

question 55

Multiple Choice

In regard to the cultural risks related to ownership structure,which of the statements below is FALSE?

• A)Cultural norms work their way into laws and regulations so that the interests of the host country will take precedence over the interest of the foreign country,the original home of the business.
• B)In order to start a business operation in a foreign country,it may be necessary to utilize a joint venture business form.
• C)Today,there are practically no industries protected against foreign ownership in host countries.
• D)The ownership structure of a business can be restricted once the business ventures overseas and faces the additional constraint of meeting ownership requirements of more than one government.

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Definitions:

Geography

The study of places and the relationships between people and their environments, focusing on the physical properties of the Earth's surface and the human societies spread across it.

Nautical Dominance

Superiority or control over sea routes and maritime activities, often achieved through a country's powerful navy or a significant merchant marine force.

New England

A region in the northeastern United States, known for its colonial history, distinct seasons, and as the birthplace of America's industrial revolution.

John Peter Zenger

A New York printer and journalist whose 1735 acquittal in a libel case established important precedents for freedom of the press in the American colonies.