Asked by caswel mduduzi on Jun 03, 2024
Verified
Despite political unrest in Pusalk, a country in South Asia, Azure Inc., a Spanish footwear company, wants to open a manufacturing plant in Pusalk, because of the availability of cheap labor in the country. Azure Inc. can safeguard its interests in Pusalk by:
A) purchasing risk insurance.
B) deregulating the footwear industry.
C) transferring its ownership to the government of Pusalk.
D) centralizing its operations.
Political Unrest
A state of disagreement or conflict within a country due to differing opinions on governance, policy, or leadership.
Risk Insurance
A financial product that provides a safeguard against potential losses or damages, transferring the risk from an individual or entity to an insurance provider.
Deregulating
The reduction or elimination of government power in a particular industry, usually to create more competition and increase efficiency.
- Determine methods for global enterprises to overcome governmental barriers and political instability.
Verified Answer
DP
Deanna PerryJun 08, 2024
Final Answer :
A
Explanation :
Purchasing risk insurance can help Azure Inc. safeguard its interests by providing financial protection against potential losses due to political unrest or other risks in Pusalk.
Learning Objectives
- Determine methods for global enterprises to overcome governmental barriers and political instability.