What Are the Strategies That Can Be Used to Minimize

question 8

Multiple Choice

What are the strategies that can be used to minimize or adapt to the political risk inherent to global business?

• A) protectionist, avoidance, and offensive strategies
• B) creative, cooperative, and defensive strategies
• C) cooperative, customary, and nationalistic strategies
• D) avoidance, protectionist, and guerrilla strategies
• E) control, avoidance, and cooperative strategies

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Definitions:

Racial Democracy

The concept that a society can be democratic and equitable across different racial groups, often critiqued for masking systemic racial inequalities.

Cultural Awareness

Refers to the understanding and appreciation of the differences and similarities within and between cultures.

Indirect Institutional Change

The gradual transformation of institutions through unintended or secondary effects of policies, actions, or broader societal shifts, not through direct reform efforts.

Direct Individual Change

Personal transformation or development initiated and completed by an individual through their own efforts.