Estimates of industry market potential provide managers with the information necessary to select the most appropriate business partners and foreign intermediaries to facilitate FDI entry.
Indicate whether the statement is true or false
Question 2Collaborative arrangements prevent the possibility of information being passed to potential competitors.
Indicate whether the statement is true or false
Question 3Some companies that opt for the cost leadership strategy plan to sell products below the average industry prices in order to capture market share.
Indicate whether the statement is true or false
Question 4New configurations of value activities create coordination and control challenges that cannot be addressed by the functionality outlined in a formal structure.
Indicate whether the statement is true or false
Question 5Which of the following terms is used to refer to the existence of a legal system based on clear rules and fair enforcement?
A) civil law
B) socialist law
C) culture of law
D) rule of law
Question 6Which of the following is the primary advantage of the work sampling technique?
A) Applicants find it difficult to fake answers.
B) Employers learn about an applicant's personality.
C) Applicants can evaluate their own performance.
D) Fine motor skills can be accurately assessed over time.