Discuss the pros and cons of selling to neighboring countries or those that share the same language
What will be an ideal response?
Sometimes companies prefer to sell to neighboring countries because they understand those countries better and can control their entry costs more effectively. Many U.S. firms prefer to sell in Canada, England, and Australia because they feel more comfortable with the language, laws, and culture. Companies should be careful in choosing markets according to cultural distance. Besides overlooking potentially better markets, they may only superficially analyze real differences that put them at a disadvantage.
You might also like to view...
Limitations of the general ledger approach include the following:
a. combining of financial and non-financial information b. purging of detailed event level data c. use of a chart of accounts d. inability to conform to GAAP
In the context of Mintzberg's organizational structures, which of the following is a difference between a simple structure and a machine bureaucracy?
A. A simple structure is a centralized form of organization, whereas a machine bureaucracy is a moderately decentralized form of organization. B. A simple structure emphasizes support staff differentiated from the line operations of the organization, whereas a machine bureaucracy emphasizes a small technical and support staff. C. A simple structure has limited horizontal decentralization of decision making, whereas a machine bureaucracy has a minimum of vertical differentiation of authority and minimal formalization. D. A simple structure achieves coordination through the standardization of work processes, whereas a machine bureaucracy achieves coordination through direct supervision by the upper echelon.
Which group with children has larger workloads than the respective dads, logging 5 more hours each week?
A. stay-at-home women B. working women C. stay-at-home dads D. working dads E) Single parents
When a parent brand covers a new product within a product category it currently serves, it is called a line extension
Indicate whether the statement is true or false