Foreign direct investment in the United States by German companies is an example of __________.a.)market targetingb.)globalizationc.)briberyd.)strategic planning
Question
Foreign direct investment in the United States by German companies is an example of __________.a.)market targetingb.)globalizationc.)briberyd.)strategic planning
Solution
The correct answer is b.) globalization.
Foreign direct investment (FDI) is a method used by companies to do business in foreign countries. In this case, German companies are investing directly in business operations in the United States, which is a form of globalization. Globalization refers to the integration and interaction among people, companies, and governments worldwide.
Market targeting (option a) refers to the process of selecting your product or service's target market. Bribery (option c) is an act of giving money or gift giving that alters the behavior of the recipient. Strategic planning (option d) is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy. None of these options fit the scenario as well as globalization.
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