One disadvantage of direct investment when entering a new global market is that
A. the financial commitments involved.
B. intermediaries have the potential to harm the brand.
C. the company forgoes control over its product.
D. this method is likely to provide the fewest cost savings relative to the other global market-entry options.
E. the firm entering the foreign market must pay royalties to the government.
Answer: A
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Grace is the CEO of an organization with its managers reporting to both a geographical manager and a product division manager. Staffers report to a functional manager who can help with skills and help prioritize and review work, and to a product line manager who sets direction on product offerings by the company. Grace is part of which type of organizational structure?
A. divisional B. simple C. matrix D. functional
An automotive repair shop has determined that the average service time on an automobile is 2 hours with a standard deviation of 32 minutes. A random sample of 64 services is selected. a.What is the probability that the sample of 64 will have a mean service time greater than 114 minutes?b.Assume the population consists of 400 services. Determine the standard error of the mean.
What will be an ideal response?
A company earned $3,000 in net income for October. Its net sales for October were $10,000. Its profit margin is:
A. 33.3% B. 3%. C. 33%. D. 30%. E. 333%.
A substitute performs different functions as an industry's products
Indicate whether the statement is true or false