Typically, a "greenfield" investment abroad is considered an investment having a greater foreign presence than a joint venture with a foreign firm

Which of the following is an incorrect statement regarding factors influencing a business manager's choice of organizational form?

A) Provided that the business manager chooses correctly, there is an ideal form of business venture. B) Each organizational form has its advantages. C) Each organizational form has its disadvantages. D) The entrepreneur, with the counsel of an attorney and an accountant or a tax expert, should carefully weigh the advantages and disadvantages of different organizational forms for the type of business the entrepreneur wishes to engage in.

Which of the following statements regarding the Portfolio selection problem is FALSE?

A) Decision variables typically involve the amount to be invested in each investment choice. B) Minimizing risk is the most common objective. C) Alternate formulations are possible. D) Maximizing return on investments subject to a set of risk constraint is a typical problem formulation. E) Legal constraints can be introduced in addition to risk constraints .