The Outward-Looking Perspective of Internalisation Includes All of the Following

question 27

Multiple Choice

The outward-looking perspective of internalisation includes all of the following except:

• A)exporting
• B)managing as the wholly owned subsidiary of a foreign firm
• C)establishing joint ventures outside the home country with foreign companies
• D)acting as licensor to a foreign company

---

Definitions:

Land

A real estate property, constituting the earth's surface with specific boundaries, not including any structures unless specified.

Noncumulative

Describes preference shares where the right to dividend payments does not accumulate if the dividend is not paid in any year.

Nonparticipating

Describes an insurance policy where the policyholder does not receive dividends or refunds from the insurer's surplus.

Preferred Stock

A type of stock that provides dividends before any dividends are provided to common stockholders and typically has rights to assets over common stock in the event of a company liquidation.