Which of the Following Statements Is TRUE About Managing Country

question 61

Multiple Choice

Which of the following statements is TRUE about managing country risk?

• A) Scanning allows a firm to assess the potential country risk.
• B) Firms can reduce country risk by entering markets in collaboration with a foreign partner.
• C) Country risk can seldom be anticipated by advance research.
• D) Home-country employees are the best source for anticipating country risk in host countries.

Master the techniques for gathering information for crafting simple and effective messages.

Comprehend the effectiveness of storytelling in business communication and its advantages.

Grasp the concept, significance, and applications of haptic technologies in business.

Analyze the advantages and disadvantages of written communication channels.

---

Definitions:

Reformulated Needs Hierarchy

An updated version of Maslow's hierarchy of needs that considers individual variability and contextual factors.

Maslow's Needs

A hierarchy of human needs proposed by Abraham Maslow, suggesting that people are motivated by unsatisfied needs in areas ranging from the physiological to self-actualization.

Reformulated Theory

A theory that has been modified or updated from its original version to incorporate new insights or evidence.

Investor Model

A framework or plan that outlines how investors can fund businesses or projects expecting profitability.