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A group of people who work together to achieve some specific purpose is/are called _.

1) managers
2) a collaboration
3) a team
4) an organization
5) a community

2 Answers

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Final answer:

Direct foreign investment involves purchasing more than ten percent of a company, offering long-term economic benefits but also presenting potential influence risks by large corporations. It's less liquid compared to portfolio investment, with more complicated withdrawal processes.

Step-by-step explanation:

The advantages and disadvantages of direct foreign investment are significant factors to consider in international economics and business. Foreign direct investment (FDI), unlike portfolio investment, involves acquiring more than ten percent of a company with a long-term interest and often includes managerial responsibilities. Advantages include the potential for economic development, especially in low-income countries looking for foreign investment to boost their economies.

On the flip side, there can be drawbacks such as the influence and power large international corporations may wield, which can sometimes override local interests. The process of FDI is also less liquid and slower compared to portfolio investments, which can be quickly adjusted with just a phone call or a few computer clicks. Overall, direct foreign investment can bring significant benefits to a country, but it is important for governments to carefully manage and control these investments to mitigate any potential drawbacks.

User Fried Hoeben
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Final answer:

A group of people who work together for a specific purpose is called a team, which entails a collection of individuals with a shared identity working towards a common goal. Organizations and partnerships can also be teams in a business context.

Step-by-step explanation:

A group of people who work together to achieve some specific purpose is called a team. A team is any collection of at least two people who interact frequently and share a sense of aligned identity, working cooperatively to achieve a common goal. This can be seen in various aspects of life such as in a business setting, within a family, or among friends with shared interests. When describing a more structured entity with specific objectives, an organization is another term used, which differs from informal groups and aggregates, such as people at a rally or those standing in line at Starbucks, who do not necessarily share common objectives or a sense of identity.

In the broader sense, an organization or a partnership could be considered a team, especially within the context of a business environment where members work together towards economic objectives. The various groups we belong to, be it in work, family, or school, often have hierarchies, special language terms, dress codes, and rules of behavior that contribute to the functioning of these teams.

User Whiskeysierra
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