24 Downsizing and Shared Services With increased globalization, many firms have chosen to share services or facilities
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24 Downsizing and Shared Services With increased globalization, many firms have chosen to share services or facilities with another firm in different countries. An example is the joint venture by Fiat and Chrysler to share their manufacturing facilities in Europe and North America. Explain how the real options approach can be used to assess the value of this type of investment decision.
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