General Electric (GE) Built an Operation from Scratch in Nigeria

question 54

Multiple Choice

General Electric (GE) built an operation from scratch in Nigeria. This is an example of a(n)

• A) merger.
• B) acquisition.
• C) strategic alliance.
• D) FDI stock.
• E) greenfield investment.

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Definitions:

Present Value of $1

The current worth of a single dollar to be received in the future, discounted at a specific interest rate.

Borrowed Asset

An asset that is temporarily acquired from another party under a loan agreement, to be returned after a specified period or upon fulfilling certain conditions.

Ordinary Annuity

A series of equal payments made at the end of consecutive periods over a fixed length of time.

Equal Payments

Regular payment amounts made or received over a period, typically in the context of loans, leases, or annuities, where each payment is of the same value.