A firm's bargaining power is low when the host government places a low value on what the firm has to offer
Indicate whether the statement is true or false.
TRUE
From the perspective of a firm negotiating the terms of an investment with a host government, the firm's bargaining power is high when the host government places a high value on what the firm has to offer, the number of comparable alternatives open to the firm is greater, and the firm has a long time in which to complete the negotiations. The converse also holds. The firm's bargaining power is low when the host government places a low value on what the firm has to offer, the number of comparable alternatives open to the firm is fewer, and the firm has a short time in which to complete the negotiations.
You might also like to view...
All of the following are reasons for the importance of forecasting and budgeting, EXCEPT:
A. requires the organization to think about what is happening in the markets B. sets specific strategic objectives for the various divisions and departments within the organization C. sets specific operational parameters for the various divisions and departments within the organization D. requires managers to make decisions related to resource allocation, when measured against specific outcomes E. become benchmarks/targets against which actual results can be measured
Capital Budgeting decisions pertain to domestic decisions only
Indicate whether the statement is true or false