When the host country mandates that at least partial ownership of the foreign company be sold to local citizens or companies prior to the foreign company's conducting business within the host country's borders, then:

Question

Quizplus · Accepted Answer

Domestication is the process where a host country mandates that foreign companies sell a portion of their ownership to local entities as a condition for operating within the country. This is aimed at ensuring local involvement and benefits from foreign investments.

When the Host Country Mandates That at Least Partial Ownership