Examlex
What are the six main phases in the System Development Life Cycle. What happens in each phase?
Exporting
The act of selling goods or services produced in one country to buyers in other countries.
Direct Investment
The purchase or acquisition of a controlling interest in foreign business enterprises.
Direct Investment
The purchase or acquisition of a controlling interest in foreign business enterprises, leading to influence or management rights.
Joint Venture
A global market-entry strategy in which a foreign company and a local firm invest together to create a local business in order to share ownership, control, and profits of the new company.
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