Nestlé Actually Owns a Subsidiary or Division in a Foreign

question 150

Multiple Choice

Nestlé actually owns a subsidiary or division in a foreign country,such as when it established its own ice cream manufacturing operation in China,this global market entry strategy is known as __________ and represents the greatest commitment a company can make.

• A) licensing
• B) local assembly
• C) a joint venture
• D) direct investment
• E) local manufacturing

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Definitions:

Encoding Specificity Principle

The theory that memory retrieval is most effective when the conditions at the time of encoding (such as environment or mental state) match those at the time of retrieval.

Memory Consolidation

The process by which short-term memories are transformed into long-term memories, making them more stable and durable.

Recognizing

The cognitive process of acknowledging and understanding something as being previously seen, known, or experienced.

Mood-Congruent Memory

The tendency to recall memories that are consistent with one's current mood, enhancing mood conformity.