____________ is the establishment or expansion of operations of a firm in a foreign country.
A)Importing
B)Globalization
C)Foreign direct investment
D)Exporting
E)Licensing

Question

Quizplus · Accepted Answer

Foreign direct investment (FDI) involves establishing or expanding operations of a firm in a foreign country, typically through ownership or partial ownership of a subsidiary or joint venture. Importing and exporting involve the movement of goods and services across international borders but do not involve the establishment of operations abroad. Globalization refers to the increasing interconnectedness of global markets, societies, and cultures, but is not specific to any particular business activity. Licensing involves granting permission to another company to use a firm's intellectual property or technology, which may or may not involve operations in a foreign country.

____________ Is the Establishment or Expansion of Operations of a Firm