All of the following are positive approaches of coping with political risk EXCEPT

Question

Quizplus · Accepted Answer

License or patent restrictions under international agreement is not a positive approach of coping with political risk as it limits the company's ability to control intellectual property and may hinder future growth opportunities. The other choices, such as using locals in management, joint ventures with local banks, and local sourcing, are positive approaches as they allow for greater understanding and acceptance of local business practices and cultures, and can help mitigate political risk by building relationships and trust with local stakeholders.

All of the Following Are Positive Approaches of Coping with Political