_____ refers to capital investment by private firms outside their home countries.

Fill in the blank(s) with the appropriate word(s).

Answer: Foreign direct investment

Business

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A tenant leased property from an owner with a promise that the tenant would be obligated to purchase the property at a set price in the future. This type of arrangement would be described as a:

A. Net lease. B. Gross lease. C. Lease option. D. Lease purchase.

Business

The use of prototype stores, detailed operating procedures, and the inspection of store units by chain retailers and franchisors is used to _____

a. develop and maintain a consistent image b. reduce operating costs c. reduce construction costs d. reduce construction time and start-up costs

Business