Juana, a Native Texan, Works for a Company Based in Switzerland

question 89

Multiple Choice

Juana, a native Texan, works for a company based in Switzerland. She is sent to manage the operations of a new facility in Hong Kong. It would be most accurate to refer to Juana as an)

• A) host-country national.
• B) third-country national.
• C) parent-country national.
• D) freelancer.
• E) expatriate.

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Definitions:

Four-Firm Concentration Ratio

An economic measure that assesses the concentration and competitive landscape of an industry by adding the market shares of the four largest firms.

Merged

The combining of two or more entities into one, through acquisitions or consolidations.

Herfindahl Index

An economic indicator used to assess the level of concentration and competition within an industry, calculated by summing the squares of the market shares of all firms in the market.

Four-Firm Concentration Ratio

An indicator measuring the total market share controlled by the four largest firms within an industry, used to assess the level of competition.