What does a global marketplace mean to an enterprise, in terms of marketing, distribution, and staffing?
What will be an ideal response?
Answers will vary. For marketing, answers will likely address technological factors (for example, the Internet for promotion), language barriers, home office travel costs vs. in-country branch office costs, legal issues (for example, contracting for goods/services between entities in different countries with country-specific laws), price competition, etc. For distribution, answers will likely address third-party shippers/brokers, transfer of goods across country borders (for example, customs requirements), currency issues, etc. For staffing, answers will likely address recruiting via the Internet, benefits of diversity of staff, language issues, etc.
You might also like to view...
Treating insiders better than outsiders is a characteristic of ______.
A. groupthink B. mismanaged agreement C. excessive control D. moral exclusion
Which type of hiring/placement interview is the most common??
A) ?Sequential interview B) ?Online interview C) ?Panel interview D) ?One-on-one interview
An information system is a group of components that interact to produce information
Indicate whether the statement is true or false
According to Warren Bennis, which of the following is NOT one of the principles of effective leadership?
A. Being yourself B. Spending time only with people who can help you C. Focusing on critical objectives D. Treating people the way you want to be treated E. Hiring good people