One Way to Minimize the Threat of Nationalization in a Host

question 16

True/False

One way to minimize the threat of nationalization in a host country is to maintain key elements of operations safely within the firm.

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Definitions:

Imports

Goods or services brought into one country from another for sale or use.

Exports

Goods or services produced in one country and sold to buyers in other countries, contributing to a nation's economy and corporate revenue.

Glocalization

The process of firms standardizing their products globally, but using different promotional campaigns to sell them.

Marketing Strategy

A long-term plan designed to achieve a company's marketing goals by understanding customer needs and creating a clear positioning for the product or service.