Differences in foreign markets such as culture, language, and customs can represent significant management risks when firms enter foreign markets.
Answer the following statement true (T) or false (F)
True
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When a company must decide on the composition of its foreign sales force, which alternative is generally the most expensive?
A) expatriates B) third-country nationals C) host-country nationals D) agents of any nationality E) agents of host country
Technical skills can be learned on the job. ____________ are learned throughout your life.
a. Human skills b. Leading skills c. Management skills d. Emotional skills Learning Objective:
Boone Manufacturing Boone Manufacturing produces a variety of lamp shades which it sells to retail stores throughout the country. The following data is available for the year: Units started into production 200,000 Total good units completed 185,000 Total hours of value-added production time 100,000 Total production hours 150,000 Refer to the Boone Manufacturing information above. What is the
total throughput per production hour? A) 81.00 B) 1.33 C) 0.67 D) 1.23
When a trademark becomes a generic term, the trademark holder:
a. must renew the name with the U.S. Patent and Trademark Office. b. can sue anyone who continues to use the trademark in an infringement action. c. loses common law rights, but can still enforce the trademark under federal law. d. can no longer achieve protection for the trademark.