Young Faces Forever is a skin care company based in the United States that wants to enter the Japanese market. Suppose the managers of Young Faces are aware that there are significant social customs in Japan regarding skin products and these customs are unknown to the managers of Young Faces. All else equal, which of the following entry methods is the least likely to be successful for Young Faces?
A) partnership
B) joint venture
C) independent entry
D) merger
C) independent entry
You might also like to view...
The average number of times in a year each dollar is used to buy goods and service is called
A) rate of circulation speed. B) circulation rate. C) velocity of circulation. D) nominal GDP. E) inflation.
Answer the following statements true (T) or false (F)
1. According to the Department of Commerce, a person living alone constitutes a single-person family. 2. Statistics indicate that because of government transfer programs, households in the four lower quin tiles now receive a much larger share of aggregate income than in 1970. 3. The Lorenz curve measures the degree to which a nation’s income is distributed. 4. The Lorenz curve measures the per capital annual income of individuals. 5. The value of the Gini coefficient has increased since the 1970s.
Which of the following factors may lead to a decline in the real value of money?
a. Increase in the rate of interest b. Decline in aggregate demand in the economy c. Decrease in money supply d. Increase in the average price level e. Decrease in aggregate output
If Sean sells Susan a DVD player for $30,
A) both Sean and Susan will gain from this transaction. B) the well-being of both parties will be unchanged. C) Sean will gain from the transaction, but Susan will lose. D) Susan will gain from the transaction, but Sean will lose.