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Author Question: What is satisficing? What will be an ideal response?[br][br][b][color=#165FFA]Question ... (Read 95 times)

leo leo

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on: Jul 7, 2018
What is satisficing?
 
  What will be an ideal response?

Question 2

Turnkey projects and foreign direct investment are both risky modes for entering foreign markets. Briefly describe the risks associated with each mode.
 
  What will be an ideal response?


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yotaSR5

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Reply #1 on: Jul 7, 2018
Answer to Question 1

Satisficing suggests that managers sometimes adopt the first minimally acceptable alternative they identify, when a further search might suggest an even better alternative.

Answer to Question 2

Turnkey projects are risky because of possible financial risks such as cost overruns. Construction risks, such as delays and problems with suppliers, are also an issue with turnkey projects. FDI involves high financial and managerial investments, high exposure to political risk, and vulnerability to restrictions placed on FDI by host country governments.


leo leo

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Reply #2 on: Jul 7, 2018
TY


yotaSR5

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Reply #3 on: Jul 7, 2018
Happy to Help


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