Question

Even though the nation faces political instability, the island of Pantay with its wide, expansive beaches is a destination hub for cruise lines. Recently, a large theme park company showed strong interest in buying land in Pantay with the intent of building a park targeted toward families. The company wants to make a commitment to Pantay, including the hiring of several hundred local employees. The company is using a global marketing strategy called

Answer 1

Answer: Foreign Direct Investment

Explanation:

Foreign Direct Investment is a type of investment into a country where the foreign investor establishes a presence by actually running and operating a company in the domestic country.

This is what the large theme park wants to do in Pantay. By making a commitment and hiring hundreds of locals, the company is intent on running a company on the island so this is Foreign Direct Investment.