Explain giving examples as to why "Jurisdiction" plays an important role in global marketing?
What will be an ideal response?
Jurisdiction plays an important role in trade-related disputes. Two examples illustrate the importance jurisdiction plays in addressing trade-related disputes. One pitted Volkswagen AG against General Motors. After GM's worldwide head of purchasing, José Ignacio López de Arriortúa, was hired by Volkswagen in 1992, his former employer accused him of taking trade secrets. Volkswagen accepted U.S. court jurisdiction in the dispute, although the company's lawyers requested that the U.S. District Court in Detroit transfer the case to Germany. Jurisdiction was also an issue in a trade dispute that pitted Eastman Kodak against Fuji Photo Film. Kodak alleged that the Japanese government had helped Fuji in Japan by blocking the distribution of Kodak film. The U.S. government turned the case over to the WTO despite the opinion expressed by many experts that the WTO lacks jurisdiction in complaints over trade and competition policy.
You might also like to view...
There are eight categories listed in the VALS2™ system. List and briefly describe each of the categories. In which of the eight categories of the VALS2™ system would a rich, 60-year-old woman who is open to new ideas belong?
What will be an ideal response?
Hesson Properties, Inc Transactions for Hesson Properties are provided below. Nov. 1 Hesson purchases two new maintenance carts on credit at $375 each. The carts are added to Hesson's property, plant, and equipment records. Payment is due in 30 days. Nov. 8 Hesson accepts $75 of advance payments from customers for services to be provided in December. Nov. 15 Hesson receives the utility bill for
$150. Payment is due in 30 days. Nov. 20 Customers are billed $750 by Hesson for property services. Payment is due from the customers in 30 days. Nov. 30 Hesson received $500 from customers who were billed on November 20th. Refer to the transactions that occurred at Hesson Properties. Based on these transactions, what is the journal entry to record the November 8th transaction? A) Cash 75Service Revenue 75 B) Accounts Receivable 75Service Revenue 75 C) Cash 75Unearned Revenue 75 D) Unearned Revenue 75Accounts Receivable 75
In 2005, several unions left the AFL-CIO to form a new federation of unions called __________________.
Fill in the blank(s) with the appropriate word(s).
A goal programming model for RFM analysis is used when the analyst wants to assign priorities to each of the dimensions
a. True b. False