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A lay person may automatically associate off shore business with (1) $
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10 Apr 2025, 09:17
10 Apr 2025, 09:17
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Question Stats:
66% (01:18) correct
33% (01:24) wrong based on 6 sessions
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A lay person may automatically associate off shore business with (i) $\(\qquad\)$ . However, doing business beyond national barriers is not a joy ride. First and foremost, international business requires keen analysis of three different political angles: Foreign, domestic, and international. The first refers to the reactions of the host country, which may range from being friendly and accommodating to being suspicious and hostile. A clear-cut, adverse reaction from the host government (ii) $\(\qquad\)$ is far better for a firm than being restricted from (iii) $\(\qquad\)$ after getting an initial warm welcome at the time of offer of investment and new technology, thereafter committing resources, and noticing that now the rewards cannot be sent home.
| Blank (i) | Blank (ii) | Blank (iii) |
|---|---|---|
| A. prosperity | D. at the very outset | G. repratiating profits |
| B. immigration | E. expressed politely | H. using expertise |
| C. globalization | F. conveyed harshly | I. signing deals |
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Re: A lay person may automatically associate off shore business with (1) $
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14 Apr 2025, 04:15
14 Apr 2025, 04:15
Expert Reply
OFFICIAL EXPLANATION
The missing word in the first blank should give a description of what a lay person would associate off shore business with. Thus 'prosperity' is the right answer choice in blank 1. But from the context it is clear that off shore business is 'not a joy ride'. The expression 'is far better than being restricted from' in the second sentence suggests that 'at the very outset' is apt in blank 2. The missing word in blank 3 should explain the 'restriction'. And the expression 'now the rewards cannot be sent home' hint at 'repatriating profits' to be the right answer choice in blank 3. Thus, the answer is A, D, G.
The missing word in the first blank should give a description of what a lay person would associate off shore business with. Thus 'prosperity' is the right answer choice in blank 1. But from the context it is clear that off shore business is 'not a joy ride'. The expression 'is far better than being restricted from' in the second sentence suggests that 'at the very outset' is apt in blank 2. The missing word in blank 3 should explain the 'restriction'. And the expression 'now the rewards cannot be sent home' hint at 'repatriating profits' to be the right answer choice in blank 3. Thus, the answer is A, D, G.
A lay person may automatically associate off shore business with (1) $
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21 Apr 2025, 19:44
21 Apr 2025, 19:44
1
The phrase "a joy ride" in the first sentence and "now the rewards cannot be sent home" in the last sentence clearly points to the fact that a layman might associate off shore business with prosperity.
The paragraph then goes on to elucidate the pros and cons of doing business offshore and then states that the reaction of the host country where a firm wishes to invest may be either friendly or hostile. Then it presents a scenario where it talks about "initially getting a warm welcome" and then "noticing that now the rewards cannot be sent home" clearly indicating that the choice for the third blank should be repatriating profits.
The use of the word "than" in the phrase "is far better for a firm than being" in the last sentence suggests a comparison is being made. What can be far better than committing resources, investing technology and later being unable to repatriate the profits back home? Clearly it must a clear no to the investment right in the beginning. Therefore, the choice for the second blank is at the very outset.
The choices are A,D,G.
The paragraph then goes on to elucidate the pros and cons of doing business offshore and then states that the reaction of the host country where a firm wishes to invest may be either friendly or hostile. Then it presents a scenario where it talks about "initially getting a warm welcome" and then "noticing that now the rewards cannot be sent home" clearly indicating that the choice for the third blank should be repatriating profits.
The use of the word "than" in the phrase "is far better for a firm than being" in the last sentence suggests a comparison is being made. What can be far better than committing resources, investing technology and later being unable to repatriate the profits back home? Clearly it must a clear no to the investment right in the beginning. Therefore, the choice for the second blank is at the very outset.
The choices are A,D,G.
