An example of a trap that marketers can set for themselves while targeting a foreign market is to:
A) overstate the size and short-term attractiveness of individual country markets.
B) realize that short-term profit and revenue growth objectives may be hard to achieve.
C) restrain from being persistent to enter a country market.
D) ignore shareholders' or competitors' pressure not to "miss out" on a strategic opportunity.
E) enter a market based on time-consuming rigorous market analysis.
A
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The Gift Shoppe's inventory turned over five times during the year. Similar gift shops have an inventory turnover equal to ten times per year. What explains the Gift Shoppe's inventory management?
A) The Gift Shoppe sold too much inventory during the year. B) The Gift Shoppe needs to increase sales and decrease the amount of goods on hand. C) The Gift Shoppe is performing twice as well as it competitors. D) The Gift Shoppe should increase the amount of goods on hand to accommodate the additional inventory demand.
Electronic meetings are preferred to face-to-face meetings when group efforts are just beginning and members are trying to build group values
Indicate whether the statement is true or false
Which activity should be crashed to reduce the project completion time by one day?
A) E B) B C) C D) D
Which of the following is NOT a reason to have a BATNA?
A. It increases the likelihood of coming to a win/win agreement B. It can reduce how dependent you are on the other party C. It is a good defense against unreasonable win/lose negotiators D. It increases the chance that you will win the negotiation E. It gives you the power to walk away