Firms That Have Considered Offering Standard Global Products and Found

question 68

Multiple Choice

Firms that have considered offering standard global products and found they must offer local variants to survive include:

• A)The world's biggest automakers: Ford, GM, Toyota and Honda
• B)Very successful national retailers such as Wal-mart or Tesco
• C)Cosmetics, household goods and washing machine manufacturers
• D)All of the above

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Definitions:

Markov Analysis

A statistical method used to forecast the future behavior of a system or process based on its current state and known transition probabilities.

Skill Inventories

Comprehensive lists or databases of employees' skills, qualifications, and experiences used by organizations for talent management and development.

Human Resources Planning

The process of forecasting an organization's future human resource needs and developing strategies for fulfilling those needs, including hiring, training, and structuring.

Recruitment And Selection

The process of identifying, attracting, interviewing, selecting, and hiring employees.