Croulene Corp, an American company, starts its operations in China. Croulene has an inherent disadvantage in China because of its nonnative status. This is an example of a liability of foreignness.

Question

Business

Guest

9 March, 01:57

Croulene Corp, an American company, starts its operations in China. Croulene has an inherent disadvantage in China because of its nonnative status. This is an example of a liability of foreignness.

+1

Answers (1)

Know the Answer?

Ruth Pugh · Answer 1

The correct answer is: true.

Explanation:

Currently, several questions arise around this issue; The most common are oriented to the definition of the steps and the way to proceed to settle in the country with the aim of conceiving company. This experience can be divided into four major steps: the migratory approach, the one related to the constitution of the company, then the necessary relationship with the Government in charge of the surveillance and control of the economic activity to which the company, finally and in a consistent manner, with the steps to consolidate foreign investment.