Find an article about a company that attributes its failure in a foreign country to misunderstanding the local culture. What could the company have done to prevent this failure?
What will be an ideal response?
One example is Vodafone’s failure in Japan. As the article, “Vodafone licks its wounds after 5 years of failure in Japan,” notes, the company did not identify well the right messaging, customer service levels, and product standards that Japanese consumers have. Vodafone should have better identified and understood the mobile phone market in Japan and the Japanese affinity for high tech gadgets before entering that market.
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In analyzing misstatements using sampling techniques, the auditor should analyze the misstatements in what manners?
a. Qualitatively and quantitatively. b. Absolutely and proportionately. c. Haphazardly and randomly. d. Methodically and systematically.
How is an exogenous construct represented in an structural path model?
A) It is represented by a box with one-headed arrows going into it. B) It is represented by a box with one-headed arrows going into it and two headed arrows. C) It is represented by an oval with no arrows. D) The construct is represented by an oval with no one-headed arrows going into it. E) None of the above
________ is the entire process of understanding and appreciating employee differences to build a more effective and profitable company.
A. Ethnocentrism B. Standardization C. Crowdsourcing D. Managing diversity E. Differential reinforcement
?Assuming everything else equal, one of the concepts to consider to make sound financial decisions is that _____.
A. ?the riskier assets always have lower market value B. ?the riskier assets are more valuable than (preferred to) less risky assets C. ?the sooner cash is received, the more valuable it is D. ?investors always prefer short-term, low value, and high-risk assets E. ?investors always achieve higher returns from less risky assets