In terms of global business strategy, the governance of ________ firms has been likened to a federal structure—strong central management core of decision making, but considerable dispersal of power and financial resources

Which of the following is true about cross-border contractual relationships?

A) It is a more visible strategy than FDI and draws a lot of criticism from the local market. B) They are more susceptible to volatility and risk compared to FDI. C) A local firm allows the focal firm to blend into the local market, attracting less attention. D) Focal firms use contractual relationships as an advanced entry strategy in foreign markets.

An employment selection tool that has content validity:

A) reports consistent results across time. B) results in consistency among evaluators. C) contains a high correlation to job performance. D) accurately measures knowledge required for the job.