The offer to pay a sum of money, if refused, discharges the contract
Indicate whether the statement is true or false
F
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Companies like Coca-Cola had the first-mover advantage since they were the first company to enter a global market. The first-mover advantages include all of the following except:
A) best chance of becoming world leader. B) advantage in adapting to the local culture. C) lead in advertising and promotion exposure. D) gain business experience. E) substantial investments in marketing.
The decision to offer a global product into a global brand is risky. For example, in the United Kingdom, Snickers may get confused with Knickers, the British slang for a woman's undergarment
Indicate whether the statement is true or false
Which of the following is an advantage of decentralization?
A) Managers' motivation and retention can be increased by empowering segment managers to make decisions. B) Certain costs of activities may be duplicated. C) Customer response time is generally decreased. D) Top management can concentrate on decisions that relate to day-to-day operations of segments.
When examining culture as shared values, the individualism/collectivism dimension describes
A. the extent to which the society is organized around individuals or the group. B. the extent to which cultures hold values that were traditionally perceived as masculine or feminine. C. the extent to which a culture programs its members to feel either uncomfortable or comfortable in unstructured situations. D. the extent to which the less powerful members of organizations and institutions accept and expect that power is distributed unequally.