A USCompany Agrees with a Foreign Company to Start a New

question 36

Multiple Choice

A U.S.company agrees with a foreign company to start a new enterprise together in a foreign country, sharing the risks and the rewards.This is called a

• A)countertrade.
• B)greenfield venture.
• C)wholly owned subsidiary.
• D)strategic alliance.
• E)maquiladora.

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Definitions:

Hope

Persevering toward one’s goals and, when necessary, making changes and using multiple pathways to achieve one’s goals.

Canadian Workers

Employees or labor force participants who are based in Canada, engaging in various sectors of the Canadian economy.

Work-Life Balance

Refers to the equilibrium between professional responsibilities and personal life, allowing for adequate time and energy for both work and personal commitments.

Psychological Capital

A higher-order construct that includes an individual's positive psychological state of development, characterized by self-efficacy, optimism, hope, and resilience.