Which of the following statements regarding negotiation with Japanese people is incorrect?
a. A business meeting should be arranged by an intermediary who has a relationship with both parties.
b. In Japan, social meetings are very important to building a relationship of trust and friendship.
c. Completing a deal quickly is important to the Japanese.
d. The Japanese use subtle and complex verbal and nonverbal cues.
C
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Alex sells veterinarian supplies. He has developed a close relationship with his customers. Which type of objection is Alex LEAST likely to hear when he tries to get one of his veterinarian customers to try a new type of shampoo that eliminates problems with ticks and fleas?
A. Product B. Stalling C. Source D. Money E. No-need
In the context of financial securities,certificates of depositare considered to be among the safest investment options because:
A. they are insured by theFederal Deposit Insurance Corporation. B. they offer higher returns than most other types of investments. C. the rate of interest paid on them is often higher than the interest rate on corporate bonds. D. they can be cashed in before they mature without incurring any penalty.
Which of the following is an example of an integrative technique for responding to political risk?
A. Diversifying production of a product among a number of countries B. Creating joint ventures and hiring local people to manage and run operations C. Limiting the responsibility of local personnel and hiring only those who are vital to the operation D. Raising capital from local banks and the host government as well as outside sources
The stock markets of developing countries are often referred to as ________, and the young stock markets of the least developed countries are called ________
A) external equity markets, frontier markets B) emerging markets, frontier markets C) external equity markets, emerging markets D) emerging markets, undeveloped markets