To overcome the problems of expropriation, confiscation, and even nationalization, many companies are now adopting a policy of ___________________ where the
Company gradually turns over management and operational responsibilities as well as
Ownership to local companies over time.

Question

Quizplus · Accepted Answer

The policy described in the sentence is known as domestication, where a foreign company gradually transfers ownership and operational responsibilities to a local company. This helps to mitigate the risk of expropriation, confiscation or nationalization, as the local company is less likely to face these issues. Retaliation, boycott, and sanction are not viable solutions for addressing these problems. Profit sharing may be an option, but it is not mentioned in the context of the sentence.

To Overcome the Problems of Expropriation, Confiscation, and Even Nationalization