If an MNC and a Local Firm Form a Joint

question 46

Multiple Choice

If an MNC and a local firm form a joint venture,and the local firm has an option to take over the joint venture,the local firm is said to have a:

• A)investment opportunity.
• B)convertible option.
• C)call option.
• D)participating option.

---

Definitions:

Upward Counterfactual Thinking

The mental process of comparing current outcomes with more positive, alternative scenarios, often leading to feelings of dissatisfaction or motivation for improvement.

Downward Counterfactual Thinking

The mental process of imagining worse alternatives to events that have already occurred, often leading to feelings of relief or contentment.

Illusion Of Control

A cognitive bias that leads individuals to overestimate their ability to control events.

Gambler's Fallacy

The incorrect belief that past random events can influence the likelihood of future random events, especially in the context of gambling.