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To minimize exposure to political risk,a multinational firm may establish a joint venture with a local entrepreneur,establish a joint venture with a group of multinationals,or:
Cost to Provide Services
The total expenses incurred in the delivery of services, including labor, materials, and overhead costs.
Decision Tree Tools
Analytical tools used in decision-making that use a tree-like graph or model of decisions and their possible consequences, including chance event outcomes, resource costs, and utility.
Simulation Models
Are computational tools used to imitate the operations of real-world processes or systems for the purpose of analysis or decision-making.
Setup Cost
The expenses associated with configuring or preparing equipment, machinery, or production lines for manufacturing a new product batch or type.
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