The more __________ a culture, the less likely it is that employees will participate in decision making.
a. collectivist
b. ascriptive
c. power oriented
d. flexible
c. power oriented
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When preparing a slide deck presentation, apply the 10/20/30 rule and the 6-x-6 rule
Indicate whether the statement is true or false
Masson Supply sells hinges to retail outlets for $1.20 . If Rorsch Ltd. approaches Strunk Hardware, one of Masson's customers, and offers to sell a comparable hinge for $1.10:
a. Masson may, without violating the Robinson-Patman Act, lower its price to Strunk to $1.10, and Masson need not lower its price to its other customers. b. Masson may not lower its price to Strunk to $1.10 unless it lowers its price to its other customers or it will violate the Robinson-Patman Act. c. Masson may lower its price to Strunk to $1.05 in order to keep Strunk's business, even if Masson does not lower the price to its other customers, without violating the Robinson-Patman Act. d. Masson may lower its price to Strunk without also lowering its price to Masson's other customers in order to allow Strunk to meet a lower price Strunk's competitor charges when selling Rorsch's hinges.
Recreation & Sports Equipment Corporation sells a product that is capable of seriously injuring consumers who misuse it in a foreseeable way. Does the firm owe an ethical duty to take this product off the market? What con-flicts might arise if the firm stops selling this product?
All of the following statements about global marketing are true EXCEPT:
A. Marketing to target markets throughout the world has become an imperative for business. B. Often a U.S. firm's toughest domestic competition comes from foreign companies. C. Marketing managers must develop a global vision not only to recognize and react to international marketing opportunities but also to remain competitive at home. D. Adopting a global vision can be lucrative for a company, and global marketing can offset weak domestic performance. E. Foreign competitors have not gained significant market share in the U.S.