What are the most critical strategic factors to consider before entering a foreign market?
What will be an ideal response?
• The allocation of responsibility between U.S. and foreign operations
• The nature of the planning, reporting, and control systems to be used throughout the
• international operations
• The appropriate organizational structure for conducting international operations
• The potential degree of standardization
Each of these must be thought through and understood so that the international venture works in concert with the domestic enterprise, each supporting the other. If these factors are not considered than there is the potential for miscommunication, overlapping of duties, or errors in action that would prevent the international venture from succeeding.
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In terms of ethical frameworks for reasoning, utilitarianism is:
A) a method of decision making based on treating all people fairly and consistently B) the degree to which society values personal goals, personal autonomy, privacy over group loyalty, commitments to group norms, involvements in collective activities, social cohesiveness, and intense socialization C) a means of making decisions based on what is the greatest good for the greatest number of people D) a means of making decisions based on the belief that each person has fundamental rights that should be respected and protected
1. Identify three tenets of expectancy theory? (243-244) What does expectancy theory assume?
What will be an ideal response?
Which of the following would be found on the Balance Sheet of a manufacturer?
A) cost of goods sold B) cost of goods manufactured C) factory building D) all of the these
In which of the following stages of moral development does the individual make moral decisions based on the consequences and repercussions of their actions?
a. Obedience and punishment orientation b. Instrumental purpose and exchange c. Interpersonal accord, conformity, mutual expectations d. Social accord and system maintenance