What Is One Advantage of Increased Use of Third-Country Nationals

question 37

Multiple Choice

What is one advantage of increased use of third-country nationals?

• A)They are well versed in a company's needs and norms.
• B)They are familiar with the parent-country culture.
• C)They have greater familiarity with the host-country culture.
• D)They are familiar with a company's corporate culture.

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Definitions:

Financial Distress

A situation where a company is unable to meet its financial obligations, which can lead to bankruptcy if not addressed.

Homemade Leverage

A strategy where investors adjust the leverage in their own investment portfolio, rather than relying on the leverage employed by the companies in which they own shares.

Business Risk

The exposure a company has to factors that may lower its profits or lead to its failure.

Financial Risk

The possibility of losing money on an investment or business venture due to various factors like market volatility or credit risk.