CNOOC's $1Discuss the Implications of Globalization for Management and Organizations

question 40

Multiple Choice

CNOOC's $1Discuss the implications of globalization for management and organizations. billion investment in Nexen, a Calgary oil and gas producer, is China's largest-ever successful overseas investment. Chinese state-owned firm CNOOC Ltd. is now officially in control of Nexen Inc. CNOCC's investment is characterized as a(n)

• A) joint venture.
• B) global strategic alliance.
• C) foreign direct investment.
• D) sourcing.
• E) long-term investment.

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Definitions:

Project Managers

Professionals responsible for planning, executing, and closing projects, managing resources and ensuring objectives are met.

Network Analysis Method

is a systematic approach used in project management that involves mapping out a project in terms of nodes (activities) and links (relationships), to identify the most efficient sequence of operations.

Detailed Components

Specific parts or elements of a product or system that are identified and described with precision, often in technical or engineering contexts.

Crashing

A project management technique used to reduce the time for completing a project by increasing the amount of resources, often leading to increased costs.