The Formal Establishment of Business Operations on Foreign Soil,such as Factories,sales

question 66

Multiple Choice

The formal establishment of business operations on foreign soil,such as factories,sales offices,or branch stores,is called _____.

• A)foreign direct investment
• B)a joint venture
• C)foreign licensing
• D)a strategic alliance

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Definitions:

Skills Approach

A perspective on leadership that emphasizes the importance of specific abilities and talents that can be developed or acquired for effective leadership.

Descriptive

Pertaining to the detailed description of characteristics, events, or phenomena without expressing any judgments or suggestions for change.

Prescriptive

Provides recommendations or rules to dictate what actions should be taken in specific circumstances.

Mumford's Skills Model

A model of leadership that suggests key leader capabilities include individual attributes, competencies, leadership outcomes, and career experiences.