When Nestlé actually owns a subsidiary or division in a foreign country, such as when it established its own ice cream manufacturing operation in China, this global market entry strategy is known as ________ and represents the greatest commitment a company can make to international sales.
A. licensing
B. local assembly
C. direct investment
D. local manufacturing
E. a joint venture
Answer: C
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Yuncen Foods, a company that manufactures frozen food, gets over half of its revenue from international sales. It has been consistently ranked the best frozen foods manufacturer in the world
It has catered its products to suit people in different countries according to their tastes and preferences. This shows that Yuncen Foods: a. needs to increase its domestic sales. b. has used inshoring to increase its profits and market share. c. should invest in another product line to compete effectively in the market. d. has a global vision that is paying off well.
Included in the differences between a traditional team and a global team is the difference between
A. individual and group goals. B. common national culture in a shared geography and multiple national cultures in a shared geography. C. hierarchy and flat structures. D. work within a single time zone and work across multiple time zones. E. virtual and actual relationships.
On the balance sheet, total assets must always equal the sum of total liabilities and equity.
Answer the following statement true (T) or false (F)
How does an S-corporation differ from a limited-liability company? Does an LLC type of ownership appeal to you? Explain your answer.
What will be an ideal response?