Examlex
Local partners in a foreign country and in a joint venture with an MNE are likely to make decisions that maximize the value of the subsidiary. Such actions probably will not maximize the value of the entire firm.
Syntax
The set of rules, principles, and processes that govern the structure of sentences in a given language, including word order.
Insight
The ability to understand the inner nature of things or to gain an intuitive understanding of complex situations or problems.
Algorithm
A set of rules or a step-by-step process designed to perform a specific task or solve a particular problem.
Heuristic
A simple thinking strategy that often allows us to make judgments and solve problems efficiently; usually speedier but also more error-prone than an algorithm.
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