The ________ of compensation determines an expatriate's compensation on the prevailing pay scales in the locale of the foreign assignment.
A) headquarters-based method
B) home-based method
C) culturally based method
D) host-based method
Question 2Trading companies play an important role in Japan's external trade dealing in ________.
A) electronics
B) raw materials
C) consumer goods
D) automobiles
Question 3As a retail customer, what price do you usually pay for foreign exchange?
What will be an ideal response?
Question 4The teleological approach asserts that individuals make moral judgments independent of consequences.
Indicate whether the statement is true or false
Question 5Compton Cereal Company sells its cereals in most global markets, and overall sales at the firm remain strong. However, the firm is losing sales to some of its competitors because Compton lacks a gluten-free cereal.
Which of the following best describes Compton's current problem?
A) usage gap
B) competitive gap
C) distribution gap
D) product-line gap
Question 6Which of the following characterizes how multinational enterprises enter foreign markets?
A) direct investments
B) marketing
C) outsourcing
D) tax breaks
Question 7After significant testing, researchers have concluded that expectancy theory applies both in the United States and in other countries.
Indicate whether the statement is true or false
Question 8Which of the following characteristics is considered an advantage for SMEs in the global market?
A) assets
B) personnel
C) product innovation
D) structure