Which of the following modes of foreign market entry requires the most amount of equity and therefore, creates the greatest risk?

A. direct foreign investment
B. contractual agreement
C. strategic alliance
D. exporting
E. joint venture

Answer: A. direct foreign investment

Business

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Innovation and Entrepreneurship activity help increase economic activity by:

a) strengthening business infrastructure b) creating new products and markets c) providing more authority to government officials d) eliminating state-run enterprises

Business

A salesperson is selling the Greenacre Estate. An offer has been accepted, and the clos-ing will take place in two weeks. While the owners are out of town, the buyer asks if the closing can be put off for one day. The sales- person agrees on behalf of the owners, for she is sure they will not object. The salesperson's conduct is

a. acceptable. b. mandated. c. discouraged. d. prohibited.

Business