Name the Five Practical Difficulties That Firms May Encounter in Applying

question 22

Essay

Name the five practical difficulties that firms may encounter in applying the NPV evaluation process to foreign direct investments.

---

Definitions:

Cultural Intelligence

The capability to relate and work effectively across cultures, understanding and respecting cultural differences.

Self-awareness

The conscious knowledge of one's own character, feelings, motives, and desires, which can improve personal and interpersonal effectiveness.

Power Dimension

Refers to the varied ways in which power is distributed and exerted within societies or organizations.

Hofstede's Framework

A model that identifies and analyzes six cultural dimensions that distinguish countries and their cultures from one another.