Planning for cultural differences in international markets is easier than in domestic markets.
Answer the following statement true (T) or false (F)
False
Planning strategies that consider cultural differences in international markets can be a challenge, as each foreign market may need to be treated as a separate target market with its own submarket. Ignoring cultural differences almost guarantees failure in international markets.
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Arbitrage functions to
A. provide French markets access to other EU markets. B. create wealth through interest rate swaps. C. exploit price differences between markets, so as to profit with no risk. D. create increased trading in commodity markets.
To link a problem to its cause, you must perform a ____________________ analysis, a study that determines the real basis for the problem.
Fill in the blank(s) with the appropriate word(s).
Which of the following is NOT an accredited investor under Rule 501?
a. Any national bank b. Any director of the issuer c. Any corporation with total assets in excess of $1 million d. Any natural person with a net worth in excess of $1 million
Noggin Development Corporation, a U.S. firm, wishes to participate, but limit its involvement, in Middle Eastern markets. Noggin empowers Ousai, Ltd., a Dubai firm, to enter into contracts in certain countries on Noggin's behalf. This is
A. a distribution agreement. B. an agency relationship. C. indirect exporting. D. licensing.