In a Joint Venture Where the Local Firm Has the Right

question 31

Multiple Choice

In a joint venture where the local firm has the right to buy the MNC's interest in the joint venture,the MNC is said to be:

• A)In a short position.
• B)In a long position.
• C)Exposed.
• D)Over-invested.

---

Definitions:

Reciprocal Determinism

The theory that a person's behavior is both influenced by and influences their personal factors and the environment.

Defence Mechanism

Subconscious methods employed to safeguard someone from the anxiety that stems from impermissible sentiments or thoughts.

Reaction Formation

A defense mechanism where an individual unconsciously replaces an anxiety-producing or unacceptable thought or feeling with its opposite.

Unrealistic Amounts

Quantities or levels that are not achievable or practical based on current conditions, capacities, or resources.