A Factor That Has Caused Problems for Canadian Companies Operating

question 27

Multiple Choice

A factor that has caused problems for Canadian companies operating in foreign countries is:

• A)tax laws.
• B)raw materials.
• C)corruption.
• D)labour cost.
• E)lack of markets.

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Definitions:

Polycentric Attitude

An outlook or approach that values and respects the culture and practices of local people in foreign operations, contrasting with ethnocentric and geocentric attitudes.

International Operations

Business activities that are conducted across national borders, involving the management of production, marketing, and other functions in foreign locations.

Global Competitors

Companies that operate and compete in several countries, facing off against brands and products from different markets worldwide.

World-Oriented

Having an awareness and consideration for global cultures, issues, and interdependencies.