Examlex
What is the probability of winning four games in a row,if the probability of winning each individual game is 1/2,independent of each other game?
Direct Investment
The purchase of substantial stock in a foreign firm or the control of assets in another country, often to establish a business presence.
Foreign Subsidiary
A company that is owned or controlled by another company located in a different country, operating as an extension of the parent corporation abroad.
Joint Venture
A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task or business operation.
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