Identify three types of legal regulation that shape the type of labour market in a host country environment and provide one example of country differences for each type.

What will be an ideal response?


The chapter discusses employment protection, minimum wage rules and working time legislation. There are many examples of country differences, including the absence of federal legal employment protection in the US, the absence of a statutory national minimum wage in Germany and limited entitlements to working-time rules in Japan. Conversely, relatively strong employment protection rules for individual dismissal prevail in the Netherlands, the value of the statutory minimum wage is high in France and France is also renowned for its policy reforms in reducing working time.

Business

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Which of the following personal communication channels consist of company salespeople contacting buyers in the target market?

A) expert channels B) social channels C) advocate channels D) independent channels E) informal channels

Business

The linear combinations of independent variables developed by discriminant analysis that will best discriminate between the categories of the dependent variable are ________

A) discriminant functions B) discriminant scores C) characteristic profiles D) classification matrix

Business

Variables are quality characteristics that are ______.

A. measured on a continuous scale B. counted using whole numbers C. always nominal types of data D. usually independent variables

Business

During proposal solicitation, the buying center often will draw up a list of desired supplier attributes and their relative importance

Indicate whether the statement is true or false

Business